Alright, let's solve this problem step by step. We have 45559 and 701, and we're subtracting the second number from the first.

Step 1: We'll start by subtracting the digit 1 and the borrow 0 from 9 in column 1 and get 8.
8 is the first digit of our result.

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

Step 3: We'll start by subtracting the digit 7 and the borrow 0 from 5 in column 3 and get -2.
We add -2 to 10 and get 8 as the next digit of the result.

Step 4: We'll start by subtracting the digit 0 and the borrow 1 from 5 in column 4 and get 4.
4 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, 45559 - 701 = 44858.