83. Timer Programming

What will be the status of LED? (after executing the following code)

Code 

#define ledPin 8 
unsigned long previousMicros = 0;  

void setup() {
  pinMode(ledPin, OUTPUT);
}

void loop() {
  if (micros() - previousMicros >= 50000) {
    previousMicros = micros();
    digitalWrite(ledPin, !digitalRead(ledPin));
  }
}