Two debts, the first of $1300 due six months ago and the second of $1000 borrowed one year ago for a term of three years at 10% compounded annually, are to be replaced by a single payment one year from now. Determine the size of the replacement payment if interest is 8.9% compounded quarterly and the focal date is one year from now. The size of the replacement payment is $0. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)