Dempsey Co$$s year$-$end is $30$th September $2019.$ Dempsey Co commenced the development stage of a project to produce a new pharmaceutical drug on $1$st January $2019.$ Expenditure of $40,000$ per month was incurred until the project was completed on $30$th June $2019$ when the drug went into immediate production. The directors became confident of the project$$s success on $1$st March $2019.$ The drug is expected to generate benefits for five years. What is the amount charged to profit and loss for period ending $30$ September $2019$