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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

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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 $810,000. The estimated market values of the purchased assets are building, $427,800; land, $279,000, land improvements, $55,800; and four vehicles, $167,400. 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life? is tax payment lass under accelerated depreciation

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