Let A = \begin{pmatrix} 0 & 1 \\ y & 5 \end{pmatrix}, B = \begin{pmatrix} 4 & -1 \\ 6 & x \end{pmatrix}, C = \begin{pmatrix} 4 & 0 \\ x & 7 \end{pmatrix}.
Then, we have:
A + B = C.
Thus, we can write:
\begin{pmatrix} 0 + 4 & 1 - 1 \\ y + 6 & 5 + x \end{pmatrix} = \begin{pmatrix} 4 & 0 \\ x & 7 \end{pmatrix}.
From this, we can derive the equations:
0 + 4 = 4,
1 - 1 = 0,
y + 6 = x,
5 + x = 7.
Solve the last equation for x:
x = 7 - 5 = 2.
Then substitute x back into the third equation:
y + 6 = 2.
y = 2 - 6 = -4.
The values of y and x are:
x = 2,
y = -4.
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