AMC 8 1992 Problem 3

What is the largest difference that can be formed by subtracting two numbers chosen from the set $\{ -16,-4,0,2,4,12 \}$? $\text{(A)}\ 10 \text{(B)}\ 12 \text{(C)}\ 16 \text{(D)}\ 28 \text{(E)}\ 48$