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To learn more, visit the Banking Education Center . Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,700,000 shares issued; Additional Paid-in Capital, $17.70 million; Retained Earnings, $10.70 NARCL is a special purpose asset reconstruction company for taking over the large value NPA accounts (above Rs 500 crore) from banks. Another option would be to email us directly at accounting@summitcollects.com. Transcribed Image Text: Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,400,000 shares issued; Additional Paid-in Capital, $17.40 million; Community Impact Meeting (Virtual) (6/8/22) June 8, 2022. Our Outerwear is Tested Tough in the Pacific Northwest. For example, the common stock of Microsoft has a par value of $0.00000625 per share and Fords common stock has a par value of $0.01 per share. Plus, get free shipping and returns on every order. Consumer Insights News. 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