Given the following information about a corporation's current year activities,compute the retained earnings for the current year.
Definitions:
Algebraic Expression
A mathematical phrase that can contain numbers, variables, and operation symbols but no equals sign.
Evaluate
The process of calculating the value of an expression or determining the outcome of a mathematical operation.
Quarters
One-fourth portions of a whole, commonly used to divide years or financial results.
Pennies
The smallest denomination of currency in many countries, typically worth one-hundredth of the basic unit of currency.
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