Bowyer driving schoolrsquos 2014 balance sheet showed net, Ask an Expert

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Bowyer Driving School’s 2014 balance sheet showed net fixed assets of $5.7 million, and the 2015 balance sheet showed net fixed assets of $6.3 million. The company’s 2015 income statement showed a depreciation expense of $250,000.

What was net capital spending for 2015? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

Net capital spending $

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Financial Management, Finance

Category:- Financial Management
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