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 $43,670 6,890 15,750 42,500 11,600 20,600 27,850 28,280 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Assets Current assets $ 0 Total current assets Property, plant and equipment 0 $ Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Next >