Alright, let's solve this problem step by step. We have 989874 and 48726, and we're subtracting the second number from the first.

Step 1: We'll start by subtracting the digit 6 and the borrow 0 from 4 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 2 and the borrow 1 from 7 in column 2 and get 4.
4 is the next digit of our result.

Step 3: We'll start by subtracting the digit 7 and the borrow 0 from 8 in column 3 and get 1.
1 is the next digit of our result.

Step 4: We'll start by subtracting the digit 8 and the borrow 0 from 9 in column 4 and get 1.
1 is the next digit of our result.

Step 5: We'll start by subtracting the digit 4 and the borrow 0 from 8 in column 5 and get 4.
4 is the next digit of our result.

Step 6: We'll start by subtracting the digit 0 and the borrow 0 from 9 in column 6 and get 9.
9 is the next digit of our result.

So, 989874 - 48726 = 941148.