Hahn 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 Hahn's depreciable assets at December 31, 2011 are as follows: Acquisition year 2009 Cost $140,000 Residual value 20,000 Accumulated depreciation 96,000 Estimated useful life 5 years Using the same depreciation method as used in 2009, 2010, and 2011, how much depreciation expense should Hahn record in 2012 for this asset