惋
=
宛
+
忄
:
Willy Walrus (w) accidentally drops his flail (忄) into the winding machine (宛) in the anthill (an3), ruining the flail and the machine. As he realizes his mistake he slowly sighs in regret (惋).
Willy Walrus (w) built a winding machine (宛) to wind up sleeping bags (夗) in the anthill (an3). For his invention he got a honorary PhD degree and a graduation cap (宀), but as the winding machine winds up the sleeping bags his graduation cap gets in and ruins it.