Alright, let's work through 1501 times 7016 step by step
1501 × 7016 = 7016 × (1501)
+ 7016 × 1 yielding 7016
+ 7016 × 00 what gives us 0
+ 7016 × 500 that results in 3508000
+ 7016 × 1000 giving us 7016000

= 10531016
