Agassi Company is a wholesale electronics distributor. On December 31, 2012, it prepared the following partial income statement: 
Given this information, if the ending inventory balance was $210,000, what would be its gross margin?
Definitions:
Brightness
The perception of how light or dark a color appears; a visual sensation that depends on the illumination and color of objects.
Object Identity
The concept that objects are perceived as maintaining their identity despite changes in their appearance or context.
Visual Agnosias
A group of neurological disorders characterized by the inability to recognize familiar objects despite having functional eye sight.
Interpret Visual Information
The cognitive process of making sense of visual data, including recognizing patterns, objects, and scenes, essential for navigating the environment.
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