Bank takes a security interest in a store’s present and after acquired inventory. Bank perfects it by filing a finacing statement on January 1, 2000. On January 1, 2005, Store sells off its entire inventory for cash and deposits the cash in the store manager’s personal bank account which is shared with the store manager’s spouse. Bank never filed a continuation statement. On January 2, 2005 which of the following is the best statement about Bank’s security interest in the cash proceeds?

(A) Bank has a perfected security interest in the cash proceeds.

(B) Bank has security interest in the cash proceeds but its interest is not perfected.

(C) Bank may have a perfected security interest in the cash proceeds.

(D) Bank does not have a security interest in the cash proceeds.