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What was net capital spending for year 1

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Reference no: EM131868748

A firm's Year 0 balance sheet showed net fixed assets of $2772624, and the Year 1 balance sheet showed net fixed assets of $3608720.

The company's Year 1 income statement showed a depreciation expense of $342800.

What was net capital spending for Year 1?

Do not round intermediate calculations.

Round your answer to the nearest dollar.

Reference no: EM131868748

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