Column addition

Today I'm giving you my first maths challenge. If you get it right it's going to get more and more harder each week. This is the column addition challenge but at the end you'll have to do something else to win the challenge this week.Your question is below:

1 2 6 9 4 +

7 4 3 0 7

Take away 48937

At the end remember to take away the number on the right hand side!