What was the company net capital spending

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Reference no: EM131304608

Calculating net capital spending. Rotweiler Obedience School's December 31,2015, balance sheet showed net fixed assets of $1,975,000 , and the December 31, 2016, balance sheet showed net fixed assets of $2,134,000. The company's 2016 income statement showed a depreciation expense of $325,000. What was the company's net capital spending for 2016 ?

Reference no: EM131304608

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