Using standard algarithm of finding difference between 34567 and 26543?

To find the difference between 34567 and 26543 using standard subtraction, align the numbers vertically by their place values:

<code>  34567
<ul>
<li>26543</li>
</ul>
</code>

Subtract starting from the rightmost digit:

1. 7 - 3 = 4
2. 6 - 4 = 2
3. 5 - 5 = 0
4. 4 - 6 requires borrowing: 14 - 6 = 8 (borrow 1 from the 3, making it 2)
5. 2 - 2 = 0

So, the final result is 34567 - 26543 = 8024.