Arrange the following stages in the timeline of handling a proposed dividend:
(P) Becomes a liability and is accounted for
(Q) Proposed by the Board of Directors
(R) Shown as a contingent liability in Notes to Accounts
(S) Approved by shareholders in the Annual General Meeting
1
Q, R, S, P
2
R, Q, S, P
3
Q, S, R, P
4
S, Q, R, P