Leena enters into a three year interest rate swap. She will swap the floating interest rate on a notional amount of 10,000 for a fixed rate of 3.5%. The floating rate is LIBOR plus 12 basis points. Determine the net swap payment that will occur at the end of the third year given a LIBOR rate of 3.7% during year 3. Also, state whether she will receive or pay this net swap payment