In July 2007, Brian’s business, Homers R’ Us (a sole proprietorship) borrowed $5,000 from 3rd Missouri Bank to buy a pitching machine for his batting cages. The Bank took a purchase money security interest in the machine, and properly perfected it by filing a financing statement. The Company that manufactures the machine, Jugs, also extended Homers R’ Us financing for the rest of the remaining price of the machine in the amount of $5,000. Jugs properly perfected its purchase money security interest by filing a financing statement one day after the Bank filed.

Which party has priority in the pitching machine?

A. Bank, because it was first to perfect.

B. Jugs, because it was the seller of the machine.

C. Bank, because it was the first to give value.

D. Both parties share equal priority.