Alright, let's work through 8550 times 1234 step by step
8550 × 1234 = 1234 × (8550)
+ 1234 × 0 what gives us 0
+ 1234 × 50 resulting in 61700
+ 1234 × 500 what gives us 617000
+ 1234 × 8000 that equals 9872000

= 10550700
