Calculate EBIT from Income Statement

XYZ Enterprises recently released its income statement for the fiscal year ending December 31, 2023. The income statement listed the following items:

- Revenues: $1,500,000

- Cost of Goods Sold (COGS): $900,000

- Operating Expenses: $400,000

- Interest Expense: $50,000

- Tax Expense: $30,000

Based on the information provided in the income statement, what is the Earnings Before Interest and Taxes (EBIT) for XYZ Enterprises?