Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable $41,460 Accounts payable 6,500 Cash 13,510 Common stock 43,500 Land 20,000 Long-term notes payable 21,300 Merchandise inventory 28,500 Retained earnings 32,170 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