Okay, we are tasked with adding 1503 and 4318. Let's begin!

Step 1: We'll start by adding the digits 3 & 8 in column 1 and get 11.
We'll write down the last digit 1 and carry the 1 to the next column.

Step 2: We'll start by adding the digits 0 & 1 in column 2 and get 2.

Step 3: We'll start by adding the digits 5 & 3 in column 3 and get 8.

Step 4: We'll start by adding the digits 1 & 4 in column 4 and get 5.

So, 1503 + 4318 = 5821.

