On June 1, 2019 Cory Co. began construction of a small building. Payments of $250,000 were made monthly for several months. The payments begin on the first day of July and ended on January 1, 2020. The building was completed and ready for occupancy on January 1, 2020. In determining the amount of interest costs to be capitalized, the weighted-average accumulated expenditures are:

a. $291,667

b. 687,500

c. 1,750,000

d. 437,500