Let's dive into this subtraction. We'll start with 38667 and subtract 11488 from it.

Step 1: We'll start by subtracting the digit 8 and the borrow 0 from 7 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 8 and the borrow 1 from 6 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 4 and the borrow 1 from 6 in column 3 and get 1.
1 is the next digit of our result.

Step 4: We'll start by subtracting the digit 1 and the borrow 0 from 8 in column 4 and get 7.
7 is the next digit of our result.

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

So, 38667 - 11488 = 27179.