Vaughn Inc. is a book distributor that had been operating in its original facility since $1995.$ The increase in certification programs and continuing education requirements in several professions has contributed to an annual growth rate of $15\%$ for Vaughn since $2020.$ Vaughn's original facility became obsolete by early $2025$ because of the increased sales volume and the fact that Vaughn now carries DVDs in addition to books.

On June $1,2025,$ Vaughn contracted with Black Construction to have a new building constructed for $$5,200,000$ on land owned by Vaughn. The payments made by Vaughn to Black Construction are shown in the schedule below.

$\backslash$table$[[$Date$,$Amount,$],[$July $30,2025,,$$$1,170,000$