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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

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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 $40,600 9,615 13,380 44,500 15,000 23,450 30,875 22,290 ALPHA CO Classified Balance Sheet As of December 31, Year 1 Assets Current assets hces 0 Total current assets $ Property, plant and equipment $ 0 Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities

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