Benjamin knows that he can accumulate 5 years' worth of interest payments on his student loan and claim the total amount in one year. The year 2020 was the first year that he started repaying his student loan. He has decided not to accumulate but claim the interest repayment each year in his tax return. The student loan balance was $13,000 at the beginning of January 1, 2020. Total loan payments in 2020 were $4,580, of which $3,780 represented the repayment of the principal on the loan. How much can Benjamin claim as a 15% non-refundable tax credit with respect to this student loan on his 2020 Federal personal income tax return?

A$198

B$815

C$175

D$230

E$120