On January $1,2024,$ a company began construction of an automated cattle feeder system. The system was finished and ready for use on September $30,2025.$ Expenditures on the project were as follows:

January $1,2024$ $ $290,000$

September $1,2024$ $ $408,000$

December $31,2024$ $ $408,000$

March $31,2025$ $ $408,000$

September $30,2025$ $ $290,000$

The company borrowed $$786,000$ on a construction loan at $12\%$ interest on January $1,2024.$ This loan was outstanding throughout the construction period. The company had $$4,680,000$ in $9\%$ bonds payable outstanding in $2024$ and $2025.$

Interest $($using the specific interest method$)$ capitalized for $2024$ was:

$1)$$$57,120$

$2)$$$75,120$

$3)$$$51,120$

$4)$$$63,120$