We're dividing 98681267 by 8 
Our goal is to divide 98681267 by 8.

Moving on to step 1:
8 goes into 9 1 times with a remainder of 1.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtract 8 from 9 to get 1.
Fetch the next digit (8) from the dividend, attach it to 1 and continue: 18 / 8

Step 2:
18 divided by 8 is 2 with a remainder of 2.
Put 2 as the next digit of the answer. 
Result so far: 12.0
Subtracting 16 from 18 leaves us with 2.
Include the next digit (6) from the dividend after 2, then repeat: 26 / 8

Let's proceed to step 3:
8 can be fit into 26 3 times, resulting in a remainder of 2.
Record the quotient 3 as the next digit in the result. 
Result so far: 123.0
Subtract 24 from 26 to get 2.
Take the next digit (8) from the dividend and append it to 2, then repeat: 28 / 8

Step 4:
If we divide 28 by 8, we get 3 and a remainder of 4.
Put 3 as the next digit of the answer. 
Result so far: 1233.0
Deduct 24 from 28 and we're left with 4.
Take the next digit (1) from the dividend and append it to 4, then repeat: 41 / 8

Advancing to step 5:
8 can be fit into 41 5 times, resulting in a remainder of 1.
Put 5 as the next digit of the answer. 
Result so far: 12335.0
If we take 40 away from 41, we end up with 1.
Take the next digit (2) from the dividend and append it to 1, then repeat: 12 / 8

On to step 6:
When dividing 12 by 8, we get 1 with a remainder of 4.
The next digit of our result is 1. 
Result so far: 123351.0
If we take 8 away from 12, we end up with 4.
Append the next digit (6) from the dividend to 4 and continue with: 46 / 8

Moving on to step 7:
If we divide 46 by 8, we get 5 and a remainder of 6.
The number 5 becomes the next digit in our result. 
Result so far: 1233515.0
If we subtract 40 from 46, we get 6.
Grab the next digit (7) from the dividend, add it to 6, then carry on: 67 / 8

Moving on to step 8:
If we divide 67 by 8, we get 8 and a remainder of 3.
Write down 8 as next digit of the result. 
Result so far: 12335158.0
Subtract 64 from 67 to get 3.
Since there are no more digits in the dividend, we add a zero to the remainder making it 30, and continue the process.

Let's proceed to step 9:
8 can be fit into 30 3 times, resulting in a remainder of 6.
The next digit of our result is 3. 
Result so far: 12335158.3
Subtract 24 from 30 to get 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Let's proceed to step 10:
8 can be fit into 60 7 times, resulting in a remainder of 4.
The next digit of our result is 7. 
Result so far: 12335158.37
Subtracting 56 from 60 leaves us with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Step 11:
If we divide 40 by 8, we get 5 and a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 12335158.375
If we subtract 40 from 40, we get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 12:
8 goes into 0 0 times with a remainder of 0.
The next digit of our result is 0. 
Result so far: 12335158.375
If we subtract 0 from 0, we get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Going ahead to step 13:
When dividing 0 by 8, we get 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 12335158.375
Subtract 0 from 0 to get 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

The final result is 12335158.375 with a remainder of 0.0.