Pewter Corporation is a newly acquired, wholly owned subsidiary of Viridian, Inc. which operates in the Philippines. Its principal activity is the exploration of the natural environment behind the in Northern Philippines, in search of mineral fuels to mine. Pewter has historically prepared financial statements in accordance with the local Philippine Financial Reporting Standards. Pewter prepares financial statement to September 30 each year. 

Pewter has incurred the following expenditures in relation to work undertaken prospecting for coal during the year ended 2020. 

During the early part of 2019, Pewter acquired an area of land covering 50km2, with a view to exploring it in order to evaluate the mineral resources it contained. Pewter acquired the legal right to prospect for mineral resources on this land on January 1, 2020, at a cost of P50,000. 

Pewter incurred surveying costs evenly through the year to September 30, 2020 of P150,000. Sampling costs of P15,000 were incurred in the period June 1, 2020 and September 30, 2020. Drilling costs of P25,000 were incurred between October 1, 2019 and December 31, 2019, and P145,000 between January 1, 2020 and September 30, 2020. 

Other costs incurred during this latter period totaled P25,000. Pewter allocated P25,000 of general administrative overheads to the exploration of this land for the year to September 30, 2020. 

Pewter's policy is to capitalize as much expenditure as possible in accordance with financial reporting standards. It does not intend to charge any depreciation in respect of any asset recognized. 

How much is the exploration and evaluation assets reported in the statement of financial position of Pewter as at September 30, 2020?

How much is the total expense to be recognized in the statement of profit or loss and other comprehensive income of Pewter for the year ended September 30, 2020?