Two blocks of mass $M_1 = 20\mathrm{~kg}$ and $M_2 = 12\mathrm{~kg}$ are connected by a metal rod of mass 8 kg. The system is pulled vertically up by applying a force of 480 N as shown. The tension at the mid-point of the rod is:\\
(1) 144 N\\
(2) 96 N\\
(3) 240 N\\
(4) 192 N