The total consolidation settlement for a compressible layer 24.5 meters thick is estimated to be about 1.5 meters. After about 240 days, a point 5 meters below the top of the singly drained layer has a degree of consolidation of 60%. Compute the settlement for 240 days.

A) 0.75 meters
B) 1.0 meters
C) 1.25 meters
D) 1.5 meters