Julia and Hannah are 50% partners in North Star General Partnership. Each has 100,000 basis in her partnership interest. During the current year, Julia receives 20,000 of cash distributions and Hannah receives 20,000 worth of cash. Bases Accounts Receivable 0 basis which partners will have to recognize income on their distributions. Ignore any income Hannah will have to recognize when she collects the account receivable. A. Only Julia has to recognize income on these distributions. B. Only Hannah has to recognize income on these distributions. C. Both partners have to recognize income on these distributions