Question 11 (10 points) Which of the following is true: Charles' security interest in the collateral prevails over that of Mary because he was the first party to lend money to David. O Mary's security interest in the collateral prevails over that of Charles because of her UCC-1 filing. O Charles and Mary are equally entitled to the collateral, so the proceeds of the sale of the painting will be sp.it equally between them (i.e., $50,000 to each)