True/False: _____ XYZ Co. has two owners, Nasa and Nolan, who each own 50% of the business. For 2019, XYZ sends both Nasa and Noaln an IRS Schedule K-1 that reports their portions of XYZs pass-through income from a total net earnings for the business of $400,000. If no part of this money was actually distributed to Nasa or Nolan, they must still file their own tax returns showing $200,000 reported as income to each of them.