Question: Wallace Driving School s 2 0 2 0 balance sheet showed net fixed assets of $ 3 . 8 million, and the 2 0 2

Wallace Driving Schools 2020 balance sheet showed net fixed assets of $3.8 million, and the 2021 balance sheet showed net fixed assets of $4.1 million. The companys 2021 income statement showed a depreciation expense of $415,000. What was net capital spending for 2021?

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