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Can you put a belt on the PS pump and the rear groove of the compressor? Cant tell if those two line up or not.
You need 3 belts. The power steering needs its own belt.
looks like it might work, but I would have it be crank, water pump, PS and a/c on the other side crank water pump alt. The way it is now it's like a serpitine setup, you loose the alt. belt you loose everything, no water pump, no ps, no charge nothing. At least the way I mentioned you save the motor and can make it home, either w/o alt. or without ps and a/c.
Are you using studs for the water pump pulley? Did you shim your alternator bracket forward?