Let's break this down. We're going to add 4708 and 4261 together.

Step 1: We'll start by adding the digits 8 & 1 in column 1 and get 9.

Step 2: We'll start by adding the digits 0 & 6 in column 2 and get 6.

Step 3: We'll start by adding the digits 7 & 2 in column 3 and get 9.

Step 4: We'll start by adding the digits 4 & 4 in column 4 and get 8.

So, 4708 + 4261 = 8969.

