85465 ÷ 4 = 21366 R1
Let's divide 85465 by 4.

Step 1:
4 goes into 8 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 2
Subtract 8 from 8 to get 0.
Bring next digit (5) of the dividend behind the 0 and repeat the process: 5 / 4

Step 2:
4 goes into 5 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 21
Subtract 4 from 5 to get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 4

Step 3:
4 goes into 14 3 times with a remainder of 2.
Write down 3 as next digit of of the result. 
Result so far: 213
Subtract 12 from 14 to get 2.
Bring next digit (6) of the dividend behind the 2 and repeat the process: 26 / 4

Step 4:
4 goes into 26 6 times with a remainder of 2.
Write down 6 as next digit of of the result. 
Result so far: 2136
Subtract 24 from 26 to get 2.
Bring next digit (5) of the dividend behind the 2 and repeat the process: 25 / 4

Step 5:
4 goes into 25 6 times with a remainder of 1.
Write down 6 as next digit of of the result. 
Result so far: 21366
Subtract 24 from 25 to get 1.

The final result is 21366 with a remainder of 1.