Break down this math problem: Dexter went to the mall and saw that Apple products are on sale. He wants to buy an iPhone 12 with a 15% discount and an iWatch with a 10% discount. The price tag shows that an iPhone 12 costs $800 while an iWatch costs $300. Upon check out, he will receive a further 2% cashback discount. How much would the items cost in total after the discount and cashback?