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Logano Driving School's 2017 balance sheet showed net fixed assets of $3.9 million, and the...

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Accounting

Logano Driving School's 2017 balance sheet showed net fixed assets of $3.9 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 $835,000. What was net capital spending for 2018?
Multiple Choice
$-1,600,000
$1,600,000
$-765,000
$765,000
$2,435,000
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