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Pomodoro Inc's 2020 balance sheet showed net fixed assets of $3 million, and the 2021...

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Finance

Pomodoro Inc's 2020 balance sheet showed net fixed assets of $3 million, and the 2021 balance sheet showed net fixed assets of $3.7 million. The companys 2021 income statement showed a depreciation expense of $200,000.
What was net capital spending for 2022?
(Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)

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