This magazine is yellow. At the bottom, you can see a knitting action (a blue bowl with purple colored yarn in it). Above the knitting it says "Modern Crochet" written in big purple letters.
It is about crochet, hence the title and the cover. Like other magazines, Squidward enjoys reading this. Squidward has never been seen crocheting, although this could be proof he does enjoy crocheting or he just likes reading about it.
I can turn into a skyscraper!
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"We paid ten dollars for this?"
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