97723 ÷ 5 = 19544 R3
Alright, let's work through the division of 97723 by 5 step by step.

Step 1:
5 goes into 9 1 times with a remainder of 4.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 5 from 9 to get 4.
Bring next digit (7) of the dividend behind the 4 and repeat the process: 47 / 5

Step 2:
5 goes into 47 9 times with a remainder of 2.
Write down 9 as next digit of of the result. 
Result so far: 19
Subtract 45 from 47 to get 2.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 5

Step 3:
5 goes into 27 5 times with a remainder of 2.
Write down 5 as next digit of of the result. 
Result so far: 195
Subtract 25 from 27 to get 2.
Bring next digit (2) of the dividend behind the 2 and repeat the process: 22 / 5

Step 4:
5 goes into 22 4 times with a remainder of 2.
Write down 4 as next digit of of the result. 
Result so far: 1954
Subtract 20 from 22 to get 2.
Bring next digit (3) of the dividend behind the 2 and repeat the process: 23 / 5

Step 5:
5 goes into 23 4 times with a remainder of 3.
Write down 4 as next digit of of the result. 
Result so far: 19544
Subtract 20 from 23 to get 3.

The final result is 19544 with a remainder of 3.