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 $820,000. The estimated market values of the purchased assets are building, $496,800, land, $248,400, land improvements, $55 200. and four vehicles, $119,600 4. Compared to straight-line depreciation does accelerated depreciation result in payment of less total taxes over the asset's life? is tax paymentions under accelerated depreciation