Use the following information to prepare a classified balance sheet for Alpha Company at the end of Year 1.

Accounts receivable$ 41,240Accounts payable6,485Cash15,780Common stock41,000Land26,750Long-term notes payable22,700Merchandise inventory30,800Retained earnings44,385

\\begin{tabular}{|l|l|l|} \\hline \\multicolumn{1}{|c|}{ ALPHA COMPANY } \\\\ \\multicolumn{2}{|c|}{ As of December 31, Year 1 } & \\\\ \\hline Current assets & & \\\\ \\hline & & \\\\ \\hline & & \\\\ \\hline & & \\\\ \\hline Total current assets & & \\\\ \\hline Property, plant and equipment & & \\\\ \\hline & & \\\\ \\hline & & \\\\ \\hline Total property, plant and equipment & & \\\\ \\hline Total assets & & \\\\ \\hline & & \\\\ \\hline Current liabilities & & \\\\ \\hline & & \\\\ \\hline Liabilities and Stockholders' Equity & \\\\ \\hline Long-term liabilities & & \\\\ \\hline & & \\\\ \\hline & & \\\\ \\hline Total liabilities & & \\\\ \\hline Stockholders' equity & & \\\\ \\hline & & \\\\ \\hline & & \\\\ \\hline Total stockholders' equity & & \\\\ \\hline Total liabilities and stockholders' equity & \\\\ \\hline \\end{tabular}