Mandesa, Inc. has current liabilities of $$8,300,000,$ current ratio of $2\mathrm{.}0$ times, inventory turnover of $12$ times, average collection period of $33$ days, and credit sales of $$64,300,000.$

Calculate the value of cash and marketable securities$.($Use $365$ days a year. Do not round your intermediate calculations. Round your final answer to the nearest dollar amount.$)10,784,932$ is not the correct answer