Sanders, Inc. borrows $$1,000$ on $\frac{1}{1}\frac{?}{x1}$ with a $9\%,$

three$-$year installment loan. If the monthly payment

is $$31\mathrm{.}80,$ what will be the outstanding loan balance

after the second payment is made $($i$.$e$.,$ on $\frac{2}{28}\frac{?}{x1})?$

Please round your answer to the nearest cent.