Angelica wants to take out an Adjustable Rate Mortgage for $979196. She is offered a 30 year, 3/1 ARM with an initial teaser rate of 3.75%. The reset margin on the loan is 300 basis points above 1 year CMT. What will be Angelica's monthly mortgage payments during the first three years with this mortgage? State your answer as a number rounded to two decimal points (e.g. if the answer is $2345.123, write 2345.12 )