Oakmont Investments enters a total return swap on a $100 million reference portfolio of corporate bonds. Oakmont pays SOFR + 50 bps and receives the total return (price appreciation + coupon income) on the portfolio. If the portfolio appreciates by 3% and earns 4.5% in coupons over the year, while SOFR averages 5.0%, Oakmont's net payment or receipt is closest to: