X Corporation has outstanding 1,000 shares of $10 preferred shares and 6,000 common shares. X Corporation paid out dividends for the last four years as follows: 2013, $9,000; 2014, $10,000; 2015, $17,000; 2016, $33,000. If the preferred is noncumulative, the allocation of 2016 dividends between preferred and common shares was: 1) $23,000 preferred: $10,000 common. 2) $15,000 preferred: $18,000 common. 3) $4,714 preferred; $28,286 common. 4) $10,000 preferred: $23,000 common. 5) None of the above