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 $44,430 7,770 14,740 41,500 17,000 23,800 28,950 32,050 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Assets Current assets $ 0 Total current assets 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 Total stockholders' equity Total liabilities and stockholders' equity OO $