Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $44,290 Accounts payable 7,530 Cash 15,880 Common stock 44,000 Land 13,000 Long-term notes payable 20,950 Merchandise inventory 30,175 Retained earnings 30,865 Assets Current assets ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Total current assets Property, plant and equipment Total property, plant and equipment Total assets Liabilities and Stockholders' Equity $ 0 0 $ 0 Assets Current assets Classified Balance Sheet As of December 31, Year 1 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 $ 0 0 $ 0 0 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0 Assets Current assets Accounts payable Classified Balance Sheet As of December 31, Year 1 Accounts receivable Cash Common stock Interest expense 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 Assets Current assets As of December 31, Year 1 Land Long-term notes payable Merchandise inventory Office equipment Prepaid insurance Retained earnings Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities torm liabilities