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Step1: Subtract hundredths place
We need to borrow 1 from the tenths place (turning 7 into 6) so the hundredths place becomes 11. Then calculate $11 - 8 = 3$.
Step2: Subtract tenths place
Now calculate $6 - 1 = 5$.
Step3: Subtract ones place
Calculate $4 - 0 = 4$.
Step4: Subtract tens place
Calculate $6 - 0 = 6$.
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