Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1. Accounts receivable $ 42,920 Accounts payable 9,555 Cash Common stock 17,740 41,500 Land 27,850 Long-term notes payable: 24,350 Merchandise inventory Retained earnings 30,025 43,130 t Current assets ] ences 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 Liabilities and Stockholders' Equity Dray