On January 1, 2014, D Company leased a building to E Corporation for a ten-year term at an annual rental of P150,000. At inception of the lease, D received P600,000 covering the first two years' rent of P300,000 and a deposit of P300,000. This deposit will not be returned to E upon expiration of the lease but will be applied to payment of rent for the last two years of the lease. What portion of the P600,000 should be shown as a current liability in D's December 31, 2014 statement of financial position? What portion of the P600,000 should be shown as long-term liability in D's December 31, 2014 statement of financial position