Tips on Organizing Nursery Dresser

Tyler • Had our baby boy in July 2016 and expecting our girl in Jan. 2019!!❤️
Hey ladies!! I just bought a dresser for our nursery last night, and I bought one that would dual as a changing table. We have a small room, so we opted for a small dresser that didn't take up much space, and now I'm looking for ideas on what exactly I should put in the dresser and what I should leave out. I have a bunch of clothes I have purchased already, but most of them I think I would like to keep on hangers (although, certainly not all due to lack of space!). So if anyone has tips on deciding what to put in the dresser, and what clothes to choose to hang I would greatly appreciate the advice! One thing worth noting too is I have kept all the tags and receipts for most of the clothes with the fear of our little guy growing too fast and not making it into the size. If the tags are still on them and I have the receipt, I can return them and still get a full refund. So that is making the decision of what to fold and put in the dresser a little more confusing for me.
Here is a pic of the dresser we purchased: