Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $830,000. The estimated market values of the purchased assets are building, $515,700, land, $305,600; fand improvements, $76,400; and four vehicles, $57,300. Problem 8-1A (Algo) Part 4 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life? Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $830,000. The estimated market values of the purchased assets are building, $515,700, land, $305,600; fand improvements, $76,400; and four vehicles, $57,300. Problem 8-1A (Algo) Part 4 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over the asset's life