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I need help with decoding this bass

I found a Squier bass on Craigslist and I want to know what year it is. The serial number on it is E972794. Oh, and its made in Korea.

Here are the pictures from the ad:
 

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That's a HM series squier, which came out in '89 and didn't last very long. The Korean E serials seem to have started where the Japanese serials left off, but it's not really possible to date them exactly. Serials starting with an S were quite common on Korean instruments during this period as well.