31703 ÷ 5 = 6340 R3
Alright, let's work through the division of 31703 by 5 step by step.

Step 1:
5 goes into 3 0 times with a remainder of 3.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 3 to get 3.
Bring next digit (1) of the dividend behind the 3 and repeat the process: 31 / 5

Step 2:
5 goes into 31 6 times with a remainder of 1.
Write down 6 as next digit of of the result. 
Result so far: 6
Subtract 30 from 31 to get 1.
Bring next digit (7) of the dividend behind the 1 and repeat the process: 17 / 5

Step 3:
5 goes into 17 3 times with a remainder of 2.
Write down 3 as next digit of of the result. 
Result so far: 63
Subtract 15 from 17 to get 2.
Bring next digit (0) of the dividend behind the 2 and repeat the process: 20 / 5

Step 4:
5 goes into 20 4 times with a remainder of 0.
Write down 4 as next digit of of the result. 
Result so far: 634
Subtract 20 from 20 to get 0.
Bring next digit (3) of the dividend behind the 0 and repeat the process: 3 / 5

Step 5:
5 goes into 3 0 times with a remainder of 3.
Write down 0 as next digit of of the result. 
Result so far: 6340
Subtract 0 from 3 to get 3.

The final result is 6340 with a remainder of 3.