Company net capital spending

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Earnhardt Driving School's 2018 balance sheet showed net fixed assets of $4.9 million, and the 2019 balance sheet showed net fixed assets of $5.5 million. The company's 2019 income statement showed a depreciation expense of $355,000.

What was the company's net capital spending for 2019? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Reference no: EM133073604

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