2000 Mitsubishi Mirage Q&A

2000 Mitsubishi Mirage Question: today i ran through an enormous, well let's call it a lake, on a flooded street

there was nothing i could do to avoid it. water was up to about the bottom of my door and, somehow, the wakes created by larger trucks passing me got water into the #1 cylinder and it has no compression. it stutters at stoplights and has a lack in power now. my mechanic can't look at it until tomorrow but i'm freaking out. how FUBAR am i? and is there a ballpark on what i'm going to have to spend to fix it. money is tight... -
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