Check my work Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1 Accounts receivable Accounts payable Cash Connon stock Land Long-ter notes payable Merchandise inventory Retained earnings $43, 320 9,700 16.580 42.500 25.850 21.350 27.300 39,500 ALPHA CO Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Liabilities and Stockholders' Equity Current liabilities Long term lates Check my work ALPHA CO Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total stockholders equity Tot s and stockholders equity