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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

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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 $42, 190 6,970 13,790 43,500 25, 796 23, 200 28, 675 36, 775 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets $ 0 Property, plant and equipment 0 Git 0 Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities 0 Total liabilities Stockholders' equity 0 Total stockholders' equity Total liabilities and stockholders' equity $ $

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