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 bullding, $443,900; land, $299,150; land improvements, $77,200; and four vehicles, $144,750. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life