A shopkeeper buys a batch of 50 items at a total cost of $1000. He then sells each item at a price that gives him a 25% profit on the cost price of each item. Due to some spoilage, 5 items are unsellable and have to be discarded. What is the total profit the shopkeeper makes after selling the remaining items? Let's think step by step and output the final answer within \boxed{}.
user