The value of \(3\frac{1}{5}\div4\frac{1}{2}of\ 5\frac{1}{3}-\frac{1}{8}\div\frac{1}{2}\ of\ \frac{1}{4}+\frac{1}{4}\left(\frac{1}{2}\div\frac{1}{8}\times\frac{1}{4}\right)\) is:
1
\(-\frac{37}{60}\)
2
\(-\frac{17}{60}\)
3
\(\frac{17}{60}\)
4
\(\frac{37}{60}\)