Sara goes to a furniture store to buy a dining set, end tables, and a loveseat. She sees a lamp for $40 and an end table for $62; both with a 12.5% tax. She finds 2 loveseats she likes. One is imported Italian leather worth $1200 with an additional 2% charge and no taxes. The other is a lush blue loveseat worth 980 with 17% taxes. If she purchases either the leather loveseat or the lush blue loveseat and lamp, what is the purchase price of the cheaper option?

Do not include $ in answer and round the purchase price to the nearest hundredth. For example, if the answer is $7.236, put 7.24.