The figure shows a thin-walled open-top cylindrical vessel of radius $r$ and wall thickness $t$. The vessel is held along the brim and contains a constant-density liquid to height $h$ from the base. Neglect atmospheric pressure, the weight of the vessel and bending stresses in the vessel walls.
Which one of the plots depicts qualitatively $\text{CORRECT}$ dependence of the magnitudes of axial wall stress $\left(\sigma_1\right)$ and circumferential wall stress $\left(\sigma_2\right)$ on $y$?