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Required information [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, $58,900; accounts recelvable, $72,000; merchandise inventory, $156,000; prepaid insurance, $1,600; investment in stock of Z Corporation (Iong-term), $37,000; store equipment, $69,000; used store equipment held for disposal, $9,400; accumulated depreciation, store equipment, $19,200; accounts payable, $53,500; long-term note payable, $43,000; income taxes payabie, $10,000; retained earnings, $166,000; and common stock, 102,000 shares outstonding, par value $1,00 per share (originally sold and issued at $1,10 per share). 2. What is the net book value of the store equipment? (Do not include the Used store equipment held for disposal in your computation.)