In 2015 through 2018, Korey, who is single, borrowed a total of $25,000 for higher education expenses on qualified education loans. In 2019, while still living at home and being claimed by his parents as a dependent, he began making payments on the loan. The first year’s interest on the loan was reported as $550 and his AGI for the year was less than $70,000. The amount that Korey can claim on his 2019 tax return is:

a. $0.

b. $225.

c. $340.

d. $550.