In case of a married couple which of the following statements is true regarding which spouse's assets and liabilities are included on the Insolvency Worksheet?

1. the spouse who received the 1099-c was liable for the canceled debt will include only their assets and liabilities.
2. the spouse who received form 1099-c for the canceled debt will include both their assets and liabilities and jointly owned assets and liabilities.
3. all assets and liabilities of both spouses are considered whenever the filing status is joint.
4. all assets and liabilities of both spouses are considered regardless of who was liable for the debt.