11 + 8 × {45 + 4 × [3 + 8 × (12 × 13 - 8 × 14) - 37]} + 1234 =
= 11 + 8 × {45 + 4 × [3 + 8 × (156 - 112) - 37]} + 1234 =
= 11 + 8 × {45 + 4 × [3 + 8 × 44 - 37]} + 1234 =
= 11 + 8 × {45 + 4 × [3 + 352 - 37]} + 1234 =
= 11 + 8 × {45 + 4 × [355 - 37]} + 1234 =
= 11 + 8 × {45 + 4 × 318} + 1234 =
= 11 + 8 × {45 + 1272} + 1234 =
= 11 + 8 × 1317 + 1234 =
= 11 + 10536 + 1234 = 10547 + 1234 = 11781
