We divide 488601 by 2
We want to figure out the number of times 488601 can be divided by 2.

Moving on to step 1:
4 divided by 2 is 2 with a remainder of 0.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
If we take 4 away from 4, we end up with 0.
Take the next digit (8) from the dividend and append it to 0, then repeat: 8 / 2

Moving on to step 2:
8 divided by 2 is 4 with a remainder of 0.
Write down 4 as next digit of the result. 
Result so far: 24.0
Subtract 8 from 8 to get 0.
Bring next digit (8) of the dividend behind the 0 and repeat the process: 8 / 2

Step 3:
If we divide 8 by 2, we get 4 and a remainder of 0.
Put 4 as the next digit of the answer. 
Result so far: 244.0
Subtracting 8 from 8 leaves us with 0.
Grab the next digit (6) from the dividend, add it to 0, then carry on: 6 / 2

On to step 4:
2 can be fit into 6 3 times, resulting in a remainder of 0.
Put 3 as the next digit of the answer. 
Result so far: 2443.0
Subtracting 6 from 6 leaves us with 0.
Bring next digit (0) of the dividend behind the 0 and repeat the process: 0 / 2

Step 5:
When dividing 0 by 2, we get 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 24430.0
If we take 0 away from 0, we end up with 0.
Bring next digit (1) of the dividend behind the 0 and repeat the process: 1 / 2

Let's proceed to step 6:
The number 2 fits into 1 0 times, leaving a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 244300.0
The remainder is 1 after subtracting 0 from 1.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

Advancing to step 7:
10 divided by 2 is 5 with a remainder of 0.
The next digit of our result is 5. 
Result so far: 244300.5
Subtract 10 from 10 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.

Moving on to step 8:
0 divided by 2 is 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 244300.5
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.

Advancing to step 9:
When dividing 0 by 2, we get 0 with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 244300.5
If we take 0 away from 0, we end up with 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 outcome is 244300.5, with a leftover of 0.0.