Mandesa, Inc. has current liabilities of $9,600,000, current ratio of 1.9 times, inventory turnover of 11 times, average collection period of 46 days, and credit sales of $65,600,000.

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.)

Cash and Marketable securities = (?)