Exercise 9-14A Preparing a classified balance sheet LO 9-6 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 $43,019 7,689 13,360 42,560 25,600 22,150 31,275 40,915 ALPHA CO. Classified Balance Sheet As of December 31, Year 1 Current assets Classified Balance Sheet As of December 31, Year 1 Current assets Total current assets Property, plant and equipment Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total property, plant and equipment Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total stockholders equity Total liabilities and stockholders equity