Alright, ready to do some subtraction? We're taking 85421 and subtracting 19642 from it.

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

Step 2: We'll start by subtracting the digit 4 and the borrow 1 from 2 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 6 and the borrow 1 from 4 in column 3 and get -3.
We add -3 to 10 and get 7 as the next digit of the result.

Step 4: We'll start by subtracting the digit 9 and the borrow 1 from 5 in column 4 and get -5.
We add -5 to 10 and get 5 as the next digit of the result.

Step 5: We'll start by subtracting the digit 1 and the borrow 1 from 8 in column 5 and get 6.
6 is the next digit of our result.

So, 85421 - 19642 = 65779.