94716 ÷ 8 = 11839 R4
Alright, let's work through the division of 94716 by 8 step by step.

Step 1:
8 goes into 9 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 8 from 9 to get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 8

Step 2:
8 goes into 14 1 times with a remainder of 6.
Write down 1 as next digit of of the result. 
Result so far: 11
Subtract 8 from 14 to get 6.
Bring next digit (7) of the dividend behind the 6 and repeat the process: 67 / 8

Step 3:
8 goes into 67 8 times with a remainder of 3.
Write down 8 as next digit of of the result. 
Result so far: 118
Subtract 64 from 67 to get 3.
Bring next digit (1) of the dividend behind the 3 and repeat the process: 31 / 8

Step 4:
8 goes into 31 3 times with a remainder of 7.
Write down 3 as next digit of of the result. 
Result so far: 1183
Subtract 24 from 31 to get 7.
Bring next digit (6) of the dividend behind the 7 and repeat the process: 76 / 8

Step 5:
8 goes into 76 9 times with a remainder of 4.
Write down 9 as next digit of of the result. 
Result so far: 11839
Subtract 72 from 76 to get 4.

The final result is 11839 with a remainder of 4.