Two debts, the first of $1700 due 9 months ago and the second of $800 borrowed 1 year ago for a term of 4 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 8.8% compounded quarterly and the focal date is one year from now. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)