Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable Accounts payable Canh Common stock Land Long-term notes payable Merchandise inventory Retained earnings $41,590 6,305 13,670 40,000 16,000 21,350 28,325 31,930 hework Classified Balance sheet As of December 31, Yoar 1 Assets 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 Total liabilities and stockholders' equity