Alright, let's work through 7416 times 7423 step by step
7416 × 7423 = 7423 × (7416)
+ 7423 × 6 giving us 44538
+ 7423 × 10 that equals 74230
+ 7423 × 400 resulting in 2969200
+ 7423 × 7000 which equals 51961000

= 55048968
