Alright, ready to do some subtraction? We're taking 16016 and subtracting 4604 from it.

Step 1: We'll start by subtracting the digit 4 and the borrow 0 from 6 in column 1 and get 2.
2 is the first digit of our result.

Step 2: We'll start by subtracting the digit 0 and the borrow 0 from 1 in column 2 and get 1.
1 is the next digit of our result.

Step 3: We'll start by subtracting the digit 6 and the borrow 0 from 0 in column 3 and get -6.
We add -6 to 10 and get 4 as the next digit of the result.

Step 4: We'll start by subtracting the digit 4 and the borrow 1 from 6 in column 4 and get 1.
1 is the next digit of our result.

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

So, 16016 - 4604 = 11412.