Alright, let's solve this problem step by step. We have 47608 and 47060, and we're subtracting the second number from the first.

Step 1: We'll start by subtracting the digit 0 and the borrow 0 from 8 in column 1 and get 8.
8 is the first digit of our result.

Step 2: We'll start by subtracting the digit 6 and the borrow 0 from 0 in column 2 and get -6.
We add -6 to 10 and get 4 as the next digit of the result.

Step 3: We'll start by subtracting the digit 0 and the borrow 1 from 6 in column 3 and get 5.
5 is the next digit of our result.

Step 4: We'll start by subtracting the digit 7 and the borrow 0 from 7 in column 4 and get 0.
0 is the next digit of our result.

Step 5: We'll start by subtracting the digit 4 and the borrow 0 from 4 in column 5 and get 0.
0 is the next digit of our result.

So, 47608 - 47060 = 548.