Mack Cotakes a Full Year's Depreciation Expense in the Year of of an Asset's

Mack Co.takes a full year's depreciation expense in the year of an asset's acquisition and no depreciation expense in the year of disposition.Data relating to one of Mack's depreciable assets at December 31, 2007 are as follows:
$\begin{array}{lr}\text { Acquisition year } & 2005 \\\text { Cost } & \$ 140,000 \\\text { Residual value } & 20,000 \\\text { Accumulated depreciation } & 96,000 \\\text { Estimated useful life } & 5 \text { years }\end{array}$

Using the same depreciation method as used in 2005, 2006, and 2007, how much depreciation expense should Mack record in 2008 for this asset?

A) $16,000
B) $24,000
C) $28,000
D) $32,000