Okay, let's tackle this math problem. We're starting with 55041 and subtracting 27970.

Step 1: We'll start by subtracting the digit 0 and the borrow 0 from 1 in column 1 and get 1.
1 is the first digit of our result.

Step 2: We'll start by subtracting the digit 7 and the borrow 0 from 4 in column 2 and get -3.
We add -3 to 10 and get 7 as the next digit of the result.

Step 3: We'll start by subtracting the digit 9 and the borrow 1 from 0 in column 3 and get -10.
We add -10 to 10 and get 0 as the next digit of the result.

Step 4: We'll start by subtracting the digit 7 and the borrow 1 from 5 in column 4 and get -3.
We add -3 to 10 and get 7 as the next digit of the result.

Step 5: We'll start by subtracting the digit 2 and the borrow 1 from 5 in column 5 and get 2.
2 is the next digit of our result.

So, 55041 - 27970 = 27071.