Problem 3-15 Liquidity and Asset Management Ratios (LG3-1, LG3-2) Mandesa, Incorporated has current liabilities of $9,700,000, current ratio of 1.8 times, inventory turnover of 10 times, average collection period of 47 days, and credit sales of $65,700,000. 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