A second-grade girl is asked to subtract 654-249, written vertically. She explains her thinking by saying, "6 take away 2 is 4, and you make it into hundreds, so 400. Then you add 50, so 450-40 and it becomes 410. Then add 4, so 414, then -9 by doing 414-4 is 410, and 410-5 is 405." Is the student correct in their thinking?
She is correct.