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15. Boldhurst Conservatory purchased new pianos for $1.5 million. The useful life of the pianos is 20 years and the salvage value is $105,000. Using

15. Boldhurst Conservatory purchased new pianos for $1.5 million. The useful life of the pianos is 20 years and the salvage value is $105,000. Using straight-line depreciation, determine the depreciated value of the pianos after seven years

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