There is a debt of $9,000 payable in 3 installments of $3,000 at 60, 180 and 300 days. This debt will be paid in 3 quarterly payments: one of $1,000 and the other of $2,000. If the agreed rate is 60% annually, compounded monthly, how much will the third payment be on a focal date of the 12th month? Draw a timing diagram.