Alright, ready to do some subtraction? We're taking 199549 and subtracting 49468 from it.

Step 1: We'll start by subtracting the digit 8 and the borrow 0 from 9 in column 1 and get 1.
1 is the first digit of our result.

Step 2: We'll start by subtracting the digit 6 and the borrow 0 from 4 in column 2 and get -2.
We add -2 to 10 and get 8 as the next digit of the result.

Step 3: We'll start by subtracting the digit 4 and the borrow 1 from 5 in column 3 and get 0.
0 is the next digit of our result.

Step 4: We'll start by subtracting the digit 9 and the borrow 0 from 9 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 9 in column 5 and get 5.
5 is the next digit of our result.

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

So, 199549 - 49468 = 150081.