Calculating Net Income from Financial Statements

XYZ Corporation operates in two segments: Manufacturing and Retail. During the fiscal year, XYZ reported the following income statement figures:

Net Sales: $500,000

Cost of Goods Sold: $300,000

Operating Expenses: $100,000

Interest Expense: $10,000

Income Tax Expense: $15,000

Given these figures, what is the amount of XYZ Corporation's net income for the year?