Let the income of A and B in 2019 be \( 5x \) and \( 4x \), respectively.
For 2020, the income of A and B will be \( \frac{5}{4} \times 5x = \frac{25x}{4} \) and \( \frac{3}{4} \times 4x = 3x \), respectively.
The total income in 2020 is ₹7,05,600, so:
\[
\frac{25x}{4} + 3x = 7,05,600
\]
Simplifying this equation:
\[
\frac{25x + 12x}{4} = 7,05,600
\]
\[
\frac{37x}{4} = 7,05,600
\]
\[
x = 7,05,600 \times \frac{4}{37} = 76,800
\]
Thus, the income of B in 2020 is:
\[
3x = 3 \times 76,800 = 3,45,600
\]
Thus, the correct answer is 3,45,600.