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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

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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 $830,000. The estimated market values of the purchased assets are building, $453,600 and $292.950; and improvements, $56700; and four vehicles. $141750. 4. Compared to straight-line depreciation does accelerated depreciation result in payment of less total taxes over the asset's life? Is tax payment less under accelerated on preciation

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