Problem 3-16 Liquidity and Asset Management Ratios (LG 3-1, LG 3-2) Mandesa, Inc. has current liabilities of $9,200,000, current ratio of 2.0 times, inventory turnover of 12 times, average collection period of 42 days, and credit sales of $65,200,000. 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