Let's get this math done. We have 46242 and 4507, and we're going to subtract the second number from the first.

Step 1: We'll start by subtracting the digit 7 and the borrow 0 from 2 in column 1 and get -5.
We add -5 to 10 and get 5 as the first digit of the result.

Step 2: We'll start by subtracting the digit 0 and the borrow 1 from 4 in column 2 and get 3.
3 is the next digit of our result.

Step 3: We'll start by subtracting the digit 5 and the borrow 0 from 2 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 4 and the borrow 1 from 6 in column 4 and get 1.
1 is the next digit of our result.

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

So, 46242 - 4507 = 41735.