Got it! So, we have 7642 and 7364, and we'll subtract the latter from the former.

Step 1: We'll start by subtracting the digit 4 and the borrow 0 from 2 in column 1 and get -2.
We add -2 to 10 and get 8 as the first digit of the result.

Step 2: We'll start by subtracting the digit 6 and the borrow 1 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 3 and the borrow 1 from 6 in column 3 and get 2.
2 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.

So, 7642 - 7364 = 278.