Given the following information about a corporation's current year activities, compute the retained earnings for the current year. 
Definitions:
Pledge of Inventory
The use of a company's inventory as collateral to secure a loan or meet other financial obligations.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.
Turning Receivables
Involves managing and collecting funds owed to a business by its customers within a given period.
Credit Profile
A summary or analysis of an individual's or entity's credit history and current financial status used by lenders to gauge creditworthiness.
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