A market risk analyst at a regional bank is tasked with calculating the annual Value at Risk (VaR) for a portfolio that consists of investment securities. The current valuation of the portfolio is USD 3,700,000, and it exhibits a daily variance of 0.0004. Assuming there are 250 trading days in a year, and the daily returns of the portfolio are independent, normally distributed, and mean zero, what is the 1-year VaR at a 95% confidence level?