Please provide a detailed solution. I'm not sure on how to get the present value of the note because of the unequal annual installments.

39. On January 1, 2019, Billy, Inc, received an P800.000 non-interest-bearing note for a sale made to its client, Inna Company. The note will be paid in 4 annual instalment beginning December 31, 2019. The following are the cash flows during the life of the note: 2019 - P200,900; 2020 150,000; 2021 210.000; 2022 - Balance. Effective interest implicit to the note is 11%. The portion of the note that will appear as part of current assets on December 31, 2020 financial statements is: a P216,214 b. P167,763 d. P252,237 F. P383,977