Let's dive into this subtraction. We'll start with 69016 and subtract 39696 from it.

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

Step 2: We'll start by subtracting the digit 9 and the borrow 0 from 1 in column 2 and get -8.
We add -8 to 10 and get 2 as the next digit of the result.

Step 3: We'll start by subtracting the digit 6 and the borrow 1 from 0 in column 3 and get -7.
We add -7 to 10 and get 3 as the next digit of the result.

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

Step 5: We'll start by subtracting the digit 3 and the borrow 1 from 6 in column 5 and get 2.
2 is the next digit of our result.

So, 69016 - 39696 = 29320.