Okay, let's tackle this math problem. We're starting with 550799 and subtracting 19702.

Step 1: We'll start by subtracting the digit 2 and the borrow 0 from 9 in column 1 and get 7.
7 is the first digit of our result.

Step 2: We'll start by subtracting the digit 0 and the borrow 0 from 9 in column 2 and get 9.
9 is the next digit of our result.

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

Step 4: We'll start by subtracting the digit 9 and the borrow 0 from 0 in column 4 and get -9.
We add -9 to 10 and get 1 as the next digit of the result.

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

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

So, 550799 - 19702 = 531097.