Okay, we are tasked with adding 2923 and 5053. Let's begin!

Step 1: We'll start by adding the digits 3 & 3 in column 1 and get 6.

Step 2: We'll start by adding the digits 2 & 5 in column 2 and get 7.

Step 3: We'll start by adding the digits 9 & 0 in column 3 and get 9.

Step 4: We'll start by adding the digits 2 & 5 in column 4 and get 7.

So, 2923 + 5053 = 7976.

