Algonquin Company developed the following budgeted life-cycle income statement for two proposed products. Each product's life cycle is expected to be two years. A 10% return on sales is required for new products. Because the proposed products did not have a 10% return on sales, the products were going to be dropped. Relative to Product B, Product A requires more research and development costs but fewer resources to market the product. Sixty percent of the research and development costs are traceable to Product A, and 30% of the marketing costs are traceable to Product A. If research and development costs and marketing costs are traced to each product, life-cycle income for Product B would be \begin{tabular}{|} $35,000 \\ $7,000 \\ $12,000 \\ $20,000 \end{tabular}