Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1. Accounts receivable $ 43,930 Accounts payable 6,870 Cash 14,800 Common stock 41,000 16 Land 28,480 Long-term notes payable 24,400 Merchandise inventory 30,850 Retained earnings 45,790 Current assets Total current assets Property, plant and equipment ALPHA COMPANY Classified Balance Sheet As of December 31, Year 1 Total property, plant and equipment Total assets Current liabilities Long-term liabilities Total liabilities Stockholders' equity $ 0 $ 0 Liabilities and Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity 0 $ 0 0