We look at the division of 516988 by 4 
We want to figure out the number of times 516988 can be divided by 4.

Let's proceed to step 1:
The number 4 fits into 5 1 times, leaving a remainder of 1.
Write down 1 as next digit of the result. 
Result so far: 1.0
The remainder is 1 after subtracting 4 from 5.
Include the next digit (1) from the dividend after 1, then repeat: 11 / 4

Advancing to step 2:
The number 4 fits into 11 2 times, leaving a remainder of 3.
Put 2 as the next digit of the answer. 
Result so far: 12.0
Subtract 8 from 11 to get 3.
Include the next digit (6) from the dividend after 3, then repeat: 36 / 4

Let's proceed to step 3:
4 can be fit into 36 9 times, resulting in a remainder of 0.
The next digit of our result is 9. 
Result so far: 129.0
If we subtract 36 from 36, we get 0.
Grab the next digit (9) from the dividend, add it to 0, then carry on: 9 / 4

Step 4:
9 divided by 4 is 2 with a remainder of 1.
The next digit of our result is 2. 
Result so far: 1292.0
Subtract 8 from 9 to get 1.
Bring next digit (8) of the dividend behind the 1 and repeat the process: 18 / 4

On to step 5:
If we divide 18 by 4, we get 4 and a remainder of 2.
Put 4 as the next digit of the answer. 
Result so far: 12924.0
If we subtract 16 from 18, we get 2.
Take the next digit (8) from the dividend and append it to 2, then repeat: 28 / 4

Let's proceed to step 6:
If we divide 28 by 4, we get 7 and a remainder of 0.
Write down 7 as next digit of the result. 
Result so far: 129247.0
Deduct 28 from 28 and we're left 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.

On to step 7:
When dividing 0 by 4, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 129247.0
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.

Moving on to step 8:
If we divide 0 by 4, we get 0 and a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 129247.0
The remainder is 0 after subtracting 0 from 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 quotient of the division is 129247.0, and the remainder is 0.0.