A loan payment of $1000.00 was due 20 days ago and another payment of $900.00 is due 40 days from now. What single payment 120 days from now will pay off the two obligations if interest is to be 3% and the agreed focal date is 120 days from now? The value of the payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)