I need help with the solution and explanation Please and Thank you

Connect Homework Chapter 8 Saved Help Save & Exit Submit 6 Required information Problem 8-1A Plant asset costs; depreciation methods LO C1, P1 The following information applies to the ques tions 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 $850,000. The estimated market values of the purchased assets are building, $497500; land, $328,350; land improvements, $49,750; and four vehicles, $119,400 1 points Problem 8-1A Part 4 eBook Print 4. Compared to straight-line depreciation, does accelerated depreciation result in payment of less total taxes over References the asset's life? is tax payment less under accelerated depreciation