Required Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1. Accounts receivable $ 40,440 Accounts payable 6,300 Cash 15,000 Common stock 44,500 Land 29,060 Long-term notes payable 21,500 Merchandise inventory 29,950 Retained earnings 42,150 Current assets ALPHA COMPANY Classified Balance Sheet As of December 31, Year 1 Total current assets Property, plant and equipment Total property, plant and equipment Total assets Current liabilities Long-term liabilities Total liabilities Stockholders' equity Liabilities and Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity