Choco Company's current receivables from affiliated companies at December 31, 20x5 are (1) a P150,000 cash advance to Candy Corporation (Choco owns 30% of the voting stock of Candy and accounts for the investment by the equity method), (2) a receivable of P520,000 from Cake Corporation for administrative and selling services (Cake is 100%-owned by Choco and is included in Choco's consolidated financial statements), and (3) a receivable of P400,000 from Wheat Corporation for merchandise sales on credit (Wheat is a 90%-owned, unconsolidated subsidiary of Choco accounted for by the equity method). In the current assets section of its December 31, 20x5 consolidated balance sheet, Choco should report accounts receivable from investee in the amount of: A. P360,000 B. P310,000 C. P 550,000 D. P1,70,000