A new factory opens up and hires 20 people to make t-shirts.  Each person makes on average 20 shirts per day during their 8-hour shift.  The employees each get paid $12 an hour plus $5 per shirt they make.  The company sells shirts for $35 each.   Nonemployee expenses come out to $1000 a day.  How much does the company make in profits per day?
Please reason step by step, and put your final answer within \boxed{}.
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