A coffee cup company produces a travel mug and an open mug. Long-term projections indicate an expected demand of at least 100 travel mugs and 80 open mugs each day. Because of limitations on production capacity, no more than 200 travel mugs and 175 open mugs can be made daily. To satisfy a shipping contract, a total of at least 200 mugs much be shipped each day. If each travel mug sold results in a $1.75 loss, but each open mug produces a $3.00 profit, what is the maximized daily profit?

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