AC $($Actual Cost of Work Performed$)$

For the Fast Delivery Parts project, you identified that six major new software features are required for the information systems to address the three major issues: data inconsistency, information system silos, and security breaches.

The projected cost for the project is $$1,000,000.$ Assume that the development is expected to take $5$ months. At the end of the second month, you spent $$175,000$ per new software feature and you completed the development of two new features. You are about to start the development of the third new software feature.

What is the AC $($Actual Cost of Work Performed$)$ for this project?