Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $44,130 Accounts payable 6,275 Cash 14,340 Common stock 40,000 Land 26,110 Long-term notes payable 24,450 Merchandise inventory 27,275 Retained earnings 41,130 Current assets ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Total current assets Property, plant and equipment $ 0