Problem 2-9 Calculating Net Capital Spending (LO3) Yale Driving School's 2019 statement of financial position showed net fixed assets of $4.2 million, and the 2020 statement of financial position showed net fixed assets of $5.0 million. The company's 2020 statement of comprehensive income showed a depreciation expense of $359,000. What was net capital spending in 2020? (Omit $ sign in your response. Enter the answer in dollars, not millions of dollars, i.e. 1,234,567.) Net capital spending

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