Step 1: Expand the summation.
Given expression is
\[
{}^{34}C_5+\sum_{i=0}^{4}{}^{38-i}C_4
\]
Now,
\[
\sum_{i=0}^{4}{}^{38-i}C_4
=
{}^{38}C_4+{}^{37}C_4+{}^{36}C_4+{}^{35}C_4+{}^{34}C_4
\]
Therefore, the expression becomes
\[
{}^{34}C_5+{}^{38}C_4+{}^{37}C_4+{}^{36}C_4+{}^{35}C_4+{}^{34}C_4
\]
Step 2: Apply hockey-stick identity.
Using the identity
\[
{}^nC_r+{}^nC_{r+1}={}^{n+1}C_{r+1},
\]
we first combine
\[
{}^{34}C_4+{}^{34}C_5={}^{35}C_5
\]
So the expression becomes
\[
{}^{38}C_4+{}^{37}C_4+{}^{36}C_4+{}^{35}C_4+{}^{35}C_5
\]
Again,
\[
{}^{35}C_4+{}^{35}C_5={}^{36}C_5
\]
Now the expression becomes
\[
{}^{38}C_4+{}^{37}C_4+{}^{36}C_4+{}^{36}C_5
\]
Again,
\[
{}^{36}C_4+{}^{36}C_5={}^{37}C_5
\]
Now the expression becomes
\[
{}^{38}C_4+{}^{37}C_4+{}^{37}C_5
\]
Again,
\[
{}^{37}C_4+{}^{37}C_5={}^{38}C_5
\]
Now the expression becomes
\[
{}^{38}C_4+{}^{38}C_5
\]
Finally,
\[
{}^{38}C_4+{}^{38}C_5={}^{39}C_5
\]
Step 3: Final conclusion.
Therefore,
\[
\boxed{{}^{39}C_5}
\]