1. Assume that Smith took whatever steps were necessary to perfect his security interest in the tractor no later than January 16, 2020. On April 24, 2020, still owing Smith $92,000 (in other words, Edwards was current on payments), Edwards traded that tractor to Jones Farm Equipment, Inc. (another farm equipment dealer), Saint Louis County, Minnesota for a smaller $75,000 tractor to use on Edwardss weekend farm in Saint Louis County. Does Smith still have a perfected Security Interest in the tractor as of May 1, 2020? Please explain. The explanation must include the rule(s) of law and a complete legal analysis. (Notice this is a question I used, and modified from another professor, I will not tell you that persons name, but want to acknowledge that it is not entirely original).