Land Long-term notes payable Merchandise inventory Retained earnings Current assets ALPHA COMPANY Classified Balance Sheet As of December 31. Year 1 Assets Total current assets Property, plant and equipment 26,550 22,200 27,525 33,005 $ Total property, plant and equipment 0 Total assets $ 0 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Total liabilities Stockholders' equity Total stockholders' equity Total liabilities and stockholders' equity 0 S 0 0