Alright, let's work through 5501 times 243 step by step
5501 × 243 = 243 × (5501)
+ 243 × 1 that results in 243
+ 243 × 00 resulting in 0
+ 243 × 500 yielding 121500
+ 243 × 5000 that equals 1215000

= 1336743
