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What was the net capital spending

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Problem 1: Yale Driving School's 2017 statement of financial position showed net fixed assets of $2.8 million and the 2018 statement of financial position showed net fixed assets of $3.6 million. The company's 2018 statement of comprehensive income showed a depreciation expense of $345,000. What was the net capital spending in 2018?

Reference no: EM132651053

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