am Ill Saved 2 Part 2 of 2 00:31:07 Required information [The following information applies to the questions displayed below.] Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $850,000. The estimated market values of the purchased assets are building, $482,650; land, $275,800; land improvements, $68,950; and four vehicles, $157,600. 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life? Is tax payment less under accelerated depreciation?