On January 5, Wine purchased and received delivery of new machinery from Toto Corporation for $50,000. The machinery was to be used in Wine’s production process. Wine paid 30% down and executed a security agreement for the balance. On January 9, Wine obtained a $150,000 loan from Safe Bank. Wine signed a security agreement which gave Safe a security interest in Wine’s existing and after-acquired machinery. The security agreement was duly filed by Safe that same day. On January 10, Toto properly filed its security agreement. If Wine defaults on both loans and there are insufficient funds to pay Toto and Safe, which party will have a superior security interest in the machinery purchased from Toto? A. Safe, since it was the first in time to file and perfect its security interest. B. Safe, since Toto perfected its security interest by filing after Wine took possession. C. Toto, since it filed its security agreement within the permissible time limits. D. Toto, since it acquired a perfected purchase money security interest without filing.