It appears that since I didn't install the beta1 version of QT5 from the ppa, I'm unable to use the Ubuntu components package. I have the released version QT5 already and not interested in installing a beta version now. Is there a workaround?
The following packages have unmet dependencies:
qt-components-ubuntu : Depends: qtbase but it is not installable
Depends: qtdeclarative but it is not installable
The instructions to install the preview toolkit are here. I skipped the step to install QT5 because I already have a newer version straight from qt-project.org.