Required Use the following information to prepare a classified balance sheet for Alpha Co. at the end of Year 1. Accounts receivable Accounts payable Cash Common stock Land Long-term notes payable Merchandise inventory Retained earnings $41,860 9,405 16,530 41,500 15,000 23,500 29, 200 28,185 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Assets Current assets Total current assets $ 0 Property, plant and equipment Total property, plant and equipment 0 $ 0 Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities 0 Total liabilities Stockholders' equity 0 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0