Solve the Addition: 494 + 273 in Vertical Format

$\begin{aligned} &494 \\ +& \\ &273 \\ &\underline{\phantom{776}} & \\ \end{aligned}$

To solve this problem, we'll follow the process of vertical addition:

• Step 1: Add the Ones Place: Add the digits in the ones place (4 + 3).
  Result: 7; no carrying is required.
• Step 2: Add the Tens Place: Add the digits in the tens place (9 + 7).
  Result: 16; write down 6 and carry over the 1.
• Step 3: Add the Hundreds Place: Add the digits in the hundreds place along with the carry (4 + 2 + 1).
  Result: 7; no additional carrying is required.

Combining these results, the final sum is $767$.

The correct multiple-choice answer is Choice 2: 767.