Petty driving schools 2013 balance sheet showed net fixed


Question: Petty driving school's 2013 balance sheet showed net fixed assets of $4.1 million and he 2014 balance sheet showed the next fixed assets of $4.9 million. the company's 2014 income statement showed a depreciation expense of $385,000. what was the company's net capital spending in 2014?

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Finance Basics: Petty driving schools 2013 balance sheet showed net fixed
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