AMC 8 2008 Problem 1

Susan had 50 dollars to spend at the carnival. She spent 12 dollars on food and twice as much on rides. How many dollars did she have left to spend? $\textbf{(A)}\ 12 \textbf{(B)}\ 14 \textbf{(C)}\ 26 \textbf{(D)}\ 38 \textbf{(E)}\ 50$