Two debts, the first of $1000 due six months ago and the second of $1600 borrowed one year ago for a term of three years at 6.30% compounded annually, are to be replaced by a single payment ene year from now. Determine the size of the replacement payment if interest is 7.5% compounded guarterly and the focal date is one year from now.

The size of the replacement payment is $____

(Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed).