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What was the amount of the net capital spending

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Reference no: EM131709878

Question - The Blue Bunny's 2013 balance sheet showed net fixed assets of $3.95 million, and the 2014 balance sheet showed net fixed assets of$3.16 million. The company's income statement showed a depreciation expense of $125,000. What was the amount of the net capital spending for 2014?

Answer Format: Round to two decimal places. Do not use dollar sign "$" or thousands separators ",". For example, if you found the net capital spending to be 1,234.12 dollars, write "1234.12" in the box.

Reference no: EM131709878

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