If the Status Monitor does not open for a shared printer, refer to the following questions:
Are the share settings correct?
Check the share settings of the printer. The printer driver must also be installed on the client computer.
See Sharing the printer, Using as the Windows network printer.
If Windows Firewall is installed on the print server, configure exceptions in the firewall before using the Status Monitor.
On Windows Firewall dialog box, click the [Exception] tab, and then select the [File and Print Sharing] check box.
Click [Add Port...], make sure [TCP] is selected, and then enter "55665" in [Port number].