Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $40,230 Accounts payable 8,155 Cash 14,700 Common stock 40,500 Land 12,000 Long-term notes payable 21,850 Merchandise inventory Retained earnings 28,200 24,625 Assets Current assets ALPHA CO. Classified Balance Sheet As of December 31, Year 1. Total current assets 0 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 $ 0 0 $ 0 $ EA 0 0 0