Okay, let's tackle this math problem. We're starting with 7437 and subtracting 1544.

Step 1: We'll start by subtracting the digit 4 and the borrow 0 from 7 in column 1 and get 3.
3 is the first digit of our result.

Step 2: We'll start by subtracting the digit 4 and the borrow 0 from 3 in column 2 and get -1.
We add -1 to 10 and get 9 as the next digit of the result.

Step 3: We'll start by subtracting the digit 5 and the borrow 1 from 4 in column 3 and get -2.
We add -2 to 10 and get 8 as the next digit of the result.

Step 4: We'll start by subtracting the digit 1 and the borrow 1 from 7 in column 4 and get 5.
5 is the next digit of our result.

So, 7437 - 1544 = 5893.