At the highest point of the flight, the vertical component of the velocity becomes zero. Therefore, the kinetic energy at the highest point is only due to the horizontal component of the velocity.
The initial kinetic energy \( KE \) is the sum of the horizontal and vertical components:
\[
KE = \frac{1}{2} m v^2,
\]
where \( v \) is the initial velocity. At the highest point, only the horizontal component of the velocity remains, which is \( v \cos(60^\circ) \).
Thus, the kinetic energy at the highest point is:
\[
KE_{\text{highest}} = \frac{1}{2} m (v \cos(60^\circ))^2 = \frac{1}{2} m v^2 \cdot \frac{1}{4} = \frac{KE}{4}.
\]