Problem 3-15 Liquidity and Asset Management Ratios (LG3-1, LG3-2) Mandesa, Incorporated has current liabilities of $8,300,000, current ratio of 2.0 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. Note: Use 365 days a year. Do not round intermediate calculations. Round your final answer to the nearest dollar amount. Cash and marketable securities