55 Post Lecture HW Served Help Save & Exit Subm Check my work Required information P5-3 (Static) Preparing a Balance Sheet and Analyzing Some of its Parts LO5-3 [The following information applies to the questions displayed below.) Exquisite Jewelers is developing its annual financial statements for the current year. The following amounts were correct at December 31, current year: cash, $58,000; accounts receivable, $71,000; merchandise inventory, $154,000; prepaid Insurance, $1,500; investment in stock of Z Corporation (long-term). $36,000; store equipment, $67,000; used store equipment held for disposal, $9,000; accumulated depreciation, store equipment, $19,000; accounts payable, $52,500; long-term note payable, $42,000; income taxes payable, $9,000; retained earnings. $164,000; and common stock, 100,000 shares outstanding, par value $1.00 per share (originally sold and issued at $1.10 per share). P5-3 Part 2 2. What is the net book value of the store equipment? Net book value