Got it! So, we have 3467 and 3162, and we'll subtract the latter from the former.

Step 1: We'll start by subtracting the digit 2 and the borrow 0 from 7 in column 1 and get 5.
5 is the first digit of our result.

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

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

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

So, 3467 - 3162 = 305.