20 Angelo and Olivia just separated, but they have hopes of a reconciliation and do not plan to formalize their divorce for at least three years. In accordance with their settlement agreement, Angelo will transfer his stock portfolio to Olivia. The ACB of Angelo's portfolio is $46,000 and it is currently valued at $98,000. Angelo wants to make use of the spousal rollover rule to avoid realizing a capital gain at the time of the transfer. Which of the following statements are TRUE? 1. Angelo cannot make use of the spousal rollover rule because they are no longer considered to be spouses. Any dividend income that Olivia ear arns next year will be attributed to Angelo. If Olivia liquidates the portfolio next year, any resulting capital gains will be attributed to 4. Angelo If Olivia earns dividend income or realizes capital gains next year, they will be taxed in her own hands. 1 and 4 2 and 3 1 only 3 only