During January $2022,$ Webb, Inc. acquired $30\%$ of the outstanding common stock of Wilson Co$.$ for $$1,200,000.$ This investment gave Webb the ability to exercise significant influence over Wilson. Wilson's assets on that date were recorded at $$6,400,000$ with liabilities of $$3,000,000($BV$).$ Any excess of cost over book value of Webb's investment was attributed to unrecorded patents having a remaining useful life of ten years. In $2013,$ Wilson reported net income of $$600,000.$ For $2013,$ Wilson reported net income of $$750,000.$ Dividends of $$500,000$ were paid in each of these two years. What was the reported balance of Webb's Investment in Wilson Co$.$ on December $31,2023?$

A$)$ $$1,449,000$

B$)$ $$1,485,000$

C$)$ $$1,269,000$

D$)$ $$1,305,000$