Consider the following pseudocode carefully and trace its execution step by step. What will be printed when this pseudocode is executed?

SET even TO 0
SET odd TO 0
FOR EACH x IN THE LIST [8, 3, 12, 5, 10, 7]
    IF x MOD 2 EQUALS 0 THEN
        SET even TO even + x
    ELSE
        SET odd TO odd + x
    END IF
END FOR
PRINT even - odd