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Required information Skip to question [The following information applies to the questions displayed below.] Timberly Construction makes a lump-sum purchase of several assets on January

Required information Skip to question [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 $820,000. The estimated market values of the purchased assets are building, $460,000; land, $248,400; land improvements, $27,600; and four vehicles, $184,000. 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the assets life?

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