Nishi, Inc., has outstanding 1,000 shares of its $7, cumulative, preferred shares and 10,000 shares of its no-par common shares. The following are the cash dividends declared during Nishi's first three years of operations: 2013 $5,000 2014 $0 2015 $25,000 The common cash dividend received in 2015 was: 1) $11,000 2) $18.000 3) $16,000 4) $9,000 5) None of the above