Which statement about the sales revenue of a corporation is true?

A$.$ The sales revenues of a corporation are used to pay $(1)$ expenses, $(2)$ interest to bondholders, $(3)$ taxes, $(4)$ cash dividends to preferred stockholders, and $(5)$ cash dividends to common stockholders, in that order.

B$.$ The sales revenues of a corporation are used to pay $(1)$ cash dividends to preferred stockholders, $(2)$ cash dividends to common stockholders, $(3)$ expenses, $(4)$ interest to bondholders, and $(5)$ taxes, in that order.

C$.$ The sales revenues of a corporation are used to pay $(1)$ expenses, $(2)$ interest to bondholders, $(3)$ taxes, $(4)$ cash dividends to common stockholders, and $(5)$ cash dividends to preferred stockholders, in that order.

D$.$ The sales revenues of a corporation are used to pay $(1)$ cash dividends to preferred stockholders, $(2)$ cash dividends to common stockholders, $(3)$ interest to bondholders, $(4)$ expenses, and $(5)$ taxes, in that order.

E$.$ None of the above.