What was net capital spending

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Bowyer Driving School’s 2014 balance sheet showed net fixed assets of $3.4 million, and the 2015 balance sheet showed net fixed assets of $3.9 million. The company’s 2015 income statement showed a depreciation expense of $325,000. What was net capital spending for 2015?

Reference no: EM131217623

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What was net capital spending : Bowyer Driving School’s 2014 balance sheet showed net fixed assets of $3.4 million, and the 2015 balance sheet showed net fixed assets of $3.9 million. The company’s 2015 income statement showed a depreciation expense of $325,000. What was net capita..

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