It looks like you have correctly applied the CNOT gate to the four-qubit state. The CNOT gate acts on two qubits, the control qubit and the target qubit. In this case, the control qubit is qubit 2 and the target qubit is qubit 4. The CNOT gate flips the state of the target qubit if the control qubit is in the state |1⟩, and leaves it unchanged if the control qubit is in the state |0⟩.
In the first line of your calculation, you correctly applied the CNOT gate to the state |ξ₃⟩ ⊗ |η₄⟩. In the second line, you simplified the expression using the definition of the CNOT gate.
In the third line, you applied the identity matrix I to the first qubit, which leaves it unchanged. In the fourth line, you simplified the expression using the definition of the CNOT gate again.
In the fifth line, you applied the X gate to qubit 3 if the control qubit is in the state |1⟩. In the sixth line, you applied the X gate to qubit 4 if the control qubit is in the state |1⟩.
Overall, your calculation looks correct to me. However, I would recommend double-checking your work to make sure you haven't made any mistakes.