Water pressurized to $3.5 \times 10^5$ Pa is flowing at 5.0 m/s in a horizontal pipe which contracts to 1/3 its former area. What are the pressure and velocity of the water after the contraction?
$3.0 \times 10^5$ Pa, 15 m/s
$4.5 \times 10^5$ Pa, 1.5 m/s
$2.5 \times 10^5$ Pa, 15 m/s
$3.0 \times 10^5$ Pa, 10 m/s
$5.5 \times 10^5$ Pa, 1.5 m/s