Integrity Company leased a machine to a lessee for six years requiring payments of P100,000 at the beginning of each lease year on August 1, 2021. The machine cost P470,000, which is the fair value at the inception of the lease. Integrity has the option to purchase the machine for P5,000 which is significantly lower than the expected fair value of the machine at lease expiration date. Integrity incurred an initial direct cost of P3,000. The interest rate implicit in the lease is 10%. Integrity appropriately recorded the lease as a direct financing lease. (Round off the PV factor to four decimal places, then do not round off during the computation) How much is the Net Finance Lease Receivable at December 31, 2021? (2 Points) P310,300 P388,542 P410,300 P385,417