Given the following activity for Caprock Company during the month of February, how much total expense would Caprock Company recognize on the February income statement using accrual accounting? Feb. 1 Caprock paid a total of $3,000 for 3 months of automobile insurance. The coverage on the insurance policy included the months of February March, and April Feb. 5 Caprock paid $5,000 to its landlord for February rent Feb. 10 Caprock paid $4,000 on an accounts payable that had been recorded in January Feb. 27 Caprock received the bill for the February utilities, and recorded $5,000 in accounts payable on that date. The bill will be paid in March. Selected Answer: Answers E. $17,000 A. $14,000 B. $11,000 C. $12,000 D. $10,000 E. $17,000