When Ruby borrowed $1586.00, she agreed to repay the loan in two equal payments, to be made 40 days and 110 days from the day the money was borrowed. If interest is 5% on the loan, what is the size of the equal payments if a focal date of today is used? The value of the equal payments is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)