On April $1,$ Moulder Co$.$ began construction of special purpose equipment. Payments of $$480,000$ each were made monthly for three months on April $1,$ May $1$ and June $1,$ respectively. The equipment was completed and ready for use on July $1.$ In determining the amount of interest cost to be capitalized, the weighted$-$average accumulated expenditures are

Group of answer choices

$$960,000.$

$$240,000.$

$$120,000.$

$$480,000.$