Problem $2-7$ Calculating Net Capital Spending $[$LO$4]$

Wallace Driving School's $2020$ balance sheet showed net fixed assets of $$3$ million, and the $2021$ balance sheet showed net fixed assets of $$3\mathrm{.}7$ million. The company's $2021$ income statement showed a depreciation expense of $$200,000.$ What was net capital spending for $2021?($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e$.$g$.,1,234,567.)$

Net capital spending