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The following information applies to the Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $820,000.

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The following information applies to the 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, $474,300, land, $288,300; land improvements, $37200; and four vehicles. $130,200, 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life? In tax payment less under accelerated depreciation

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