Chapter 8 Problems Saved Required information [The following information applies to the questions displayed below.] Part 2 of 2 Timberly Construction makes a lump-sum purchase of several assets on January 1 at a total cash price of $800,000. The estimated market values of the purchased assets are building, $467,950; land, $267,400; land improvements, $66,850; and four vehicles, $152,800. 1.42 points Skipped 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 depreciation? eBook Print