What was net capital spending for 2011

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Calculating Net Capital Spending Earnhardt Driving School's 2010 balance sheet showed net fixed assets of $3.4 million, and the 2011 balance sheet showed net fixed assets of $4.2 million. The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?

Reference no: EM13280041

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What was net capital spending for 2011 : The company's 2011 income statement showed a depreciation expense of $385,000. What was net capital spending for 2011?

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