What was net capital spending for 2009

Reference no: EM13256352

Earnhardt Driving School's 2008 balance sheet showed net fixed assets of $3.9 million, and the 2009 balance sheet showed net fixed assets of $6.4 million. The company's 2009 income statement showed a depreciation expense of $805,000. What was net capital spending for 2009?

$1,695,000
$-2,500,000
$2,500,000
$3,305,000
$-1,695,000

Reference no: EM13256352

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