We're dividing 58955612 by 53 
We want to figure out the number of times 58955612 can be divided by 53.

Step 1:
53 goes into 5 0 times with a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we take 0 away from 5, we end up with 5.
Append the next digit (8) from the dividend to 5 and continue with: 58 / 53

Let's proceed to step 2:
58 divided by 53 is 1 with a remainder of 5.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
If we take 53 away from 58, we end up with 5.
Bring next digit (9) of the dividend behind the 5 and repeat the process: 59 / 53

Let's proceed to step 3:
53 goes into 59 1 times with a remainder of 6.
Use 1 as the next digit of our solution. 
Result so far: 11.0
Subtracting 53 from 59 leaves us with 6.
Take the next digit (5) from the dividend and append it to 6, then repeat: 65 / 53

Advancing to step 4:
65 divided by 53 is 1 with a remainder of 12.
Record the quotient 1 as the next digit in the result. 
Result so far: 111.0
Deduct 53 from 65 and we're left with 12.
Append the next digit (5) from the dividend to 12 and continue with: 125 / 53

Moving on to step 5:
53 can be fit into 125 2 times, resulting in a remainder of 19.
The number 2 becomes the next digit in our result. 
Result so far: 1112.0
The remainder is 19 after subtracting 106 from 125.
Fetch the next digit (6) from the dividend, attach it to 19 and continue: 196 / 53

Let's proceed to step 6:
53 goes into 196 3 times with a remainder of 37.
The next digit of our result is 3. 
Result so far: 11123.0
If we subtract 159 from 196, we get 37.
Bring next digit (1) of the dividend behind the 37 and repeat the process: 371 / 53

Step 7:
If we divide 371 by 53, we get 7 and a remainder of 0.
The number 7 becomes the next digit in our result. 
Result so far: 111237.0
Deduct 371 from 371 and we're left with 0.
Fetch the next digit (2) from the dividend, attach it to 0 and continue: 2 / 53

Moving on to step 8:
53 can be fit into 2 0 times, resulting in a remainder of 2.
The next digit of our result is 0. 
Result so far: 1112370.0
Subtracting 0 from 2 leaves us with 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Moving on to step 9:
If we divide 20 by 53, we get 0 and a remainder of 20.
The next digit of our result is 0. 
Result so far: 1112370.0
Subtract 0 from 20 to get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

On to step 10:
53 goes into 200 3 times with a remainder of 41.
The number 3 becomes the next digit in our result. 
Result so far: 1112370.03
Subtract 159 from 200 to get 41.
Since there are no more digits in the dividend, we add a zero to the remainder making it 410, and continue the process.

Step 11:
53 goes into 410 7 times with a remainder of 39.
Put 7 as the next digit of the answer. 
Result so far: 1112370.037
Subtract 371 from 410 to get 39.
Since there are no more digits in the dividend, we add a zero to the remainder making it 390, and continue the process.

Moving on to step 12:
53 goes into 390 7 times with a remainder of 19.
The number 7 becomes the next digit in our result. 
Result so far: 1112370.0377
Subtract 371 from 390 to get 19.
Since there are no more digits in the dividend, we add a zero to the remainder making it 190, and continue the process.

The final outcome is 1112370.0377, with a leftover of 0.00019.