We have numbers 5049 and 503. Let's start adding them together.

Step 1: We'll start by adding the digits 9 & 3 in column 1 and get 12.
We'll write down the last digit 2 and carry the 1 to the next column.

Step 2: We'll start by adding the digits 4 & 0 in column 2 and get 5.

Step 3: We'll start by adding the digits 0 & 5 in column 3 and get 5.

Step 4: We'll start by adding the digits 5 & 0 in column 4 and get 5.

So, 5049 + 503 = 5552.

