Company, Inc., is preparing its year- end financials. It must pre pare an income statements, balance sheet and calculate some key ratios. The company has issued $2451 of preferred stock and $29,640 common stock at par. In addition, there is retained earnings of 91.800. Company has accruals of $16.800 and accounts payable of $30. 000.It has $8005 in the bank, and total current assets of $159,565. It also has accumulated depreciation of 50.000, Company experienced $720.000 in sales with a gross profit margin of 38.7.It turned inventory six times with a 350 day work year. Its current ratio is 2. 35, total asset turnover of 2.81 and an average collection period of 31 days. Company's debt ratio is 49.4. Assume Company's tax rate is %21 and it has interest expense of $2829.Round all dollar calculations to the nearest dollar.

1-How much marketable securities does the company have? Show

your calculation

2- How much accounts receivable does the company have? Show your

calculation