We look at the division of 294521 by 16 
Our goal is to divide 294521 by 16.

Moving on to step 1:
16 can be fit into 2 0 times, resulting in a remainder of 2.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 2 to get 2.
Append the next digit (9) from the dividend to 2 and continue with: 29 / 16

Going ahead to step 2:
16 goes into 29 1 times with a remainder of 13.
The next digit of our result is 1. 
Result so far: 1.0
Subtract 16 from 29 to get 13.
Bring next digit (4) of the dividend behind the 13 and repeat the process: 134 / 16

Advancing to step 3:
134 divided by 16 is 8 with a remainder of 6.
Put 8 as the next digit of the answer. 
Result so far: 18.0
If we take 128 away from 134, we end up with 6.
Take the next digit (5) from the dividend and append it to 6, then repeat: 65 / 16

Going ahead to step 4:
When dividing 65 by 16, we get 4 with a remainder of 1.
The number 4 becomes the next digit in our result. 
Result so far: 184.0
If we take 64 away from 65, we end up with 1.
Include the next digit (2) from the dividend after 1, then repeat: 12 / 16

Going ahead to step 5:
16 goes into 12 0 times with a remainder of 12.
Record the quotient 0 as the next digit in the result. 
Result so far: 1840.0
If we take 0 away from 12, we end up with 12.
Include the next digit (1) from the dividend after 12, then repeat: 121 / 16

Let's proceed to step 6:
16 goes into 121 7 times with a remainder of 9.
The next digit of our result is 7. 
Result so far: 18407.0
Subtract 112 from 121 to get 9.
Since there are no more digits in the dividend, we add a zero to the remainder making it 90, and continue the process.

Let's proceed to step 7:
16 goes into 90 5 times with a remainder of 10.
The next digit of our result is 5. 
Result so far: 18407.5
If we take 80 away from 90, we end up with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Step 8:
16 goes into 100 6 times with a remainder of 4.
The number 6 becomes the next digit in our result. 
Result so far: 18407.56
If we take 96 away from 100, we end up 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.

Going ahead to step 9:
When dividing 40 by 16, we get 2 with a remainder of 8.
The next digit of our result is 2. 
Result so far: 18407.562
Subtracting 32 from 40 leaves us with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Let's proceed to step 10:
The number 16 fits into 80 5 times, leaving a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 18407.5625
If we take 80 away from 80, 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.

Advancing to step 11:
When dividing 0 by 16, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 18407.5625
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.

Let's proceed to step 12:
When dividing 0 by 16, we get 0 with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 18407.5625
Subtracting 0 from 0 leaves us 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.

In conclusion, the division gives 18407.5625 with a balance of 0.0.