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 $26,500 12,200 20,500 30,000 10,000 17,500 26,300 23,600 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets $ 0 Property, plant and equipment 0 $ 0 Total property, plant and equipment Total assets Liabilities and stockholders' equity Current liabilities Long-term liabilities Total liabilities 0 Stockholders' equity 0 Total stockholders' equity Total liabilities and stockholders' equity $ 0