The condensed income statement of Hayden Corp. for the past year is as follows:

	Product
	T	U
Sales	$680,000	$320,000
Cost of goods sold:
Variable costs	$540,000	$220,000
Fixed costs	145,000	40,000
Total cost of goods sold	$685,000	$260,000
Income (loss) from operations	$ (5,000)	$ 60,000

Management is considering the discontinuance of the manufacture and sale of Product T at the beginning of the current year. The discontinuance would have no effect on the total fixed costs and expenses or on the sales of Product U. What is the amount of change in income for the current year that will result from the discontinuance of Product T?