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Business, 12.03.2021 15:20 rgilliam3002

Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.9 million, and the 2018 balance sheet showed net fixed assets of $5.5 million. The company’s 2018 income statement showed a depreciation expense of $355,000. What was net capital spending for 2018? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e. g., 1,234,567.)

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Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.9 million, and the 2018 bal...
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