Observe the sequence of figures.
A consistent set of transformations is applied in each step.
Which of the answer choices correctly represents the next figure in the sequence?
**Sequence:**
1.
A large square containing a small, black circle in the top-left quadrant and an arrow pointing upwards.
2.
A large square containing a small, black circle in the top-right quadrant and an arrow pointing to the right.
3.
A large square containing a small, black circle in the bottom-right quadrant and an arrow pointing downwards.