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 building, $481,000; land, $286,750; land improvements, $64,750; and four vehicles, $92,500.

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 building, $481,000; land, $286,750; land improvements, $64,750; and four vehicles, $92,500. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life