We look at the division of 516501 by 12 
We want to figure out the number of times 516501 can be divided by 12.

Going ahead to step 1:
12 can be fit into 5 0 times, resulting in a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
The remainder is 5 after subtracting 0 from 5.
Grab the next digit (1) from the dividend, add it to 5, then carry on: 51 / 12

Advancing to step 2:
12 can be fit into 51 4 times, resulting in a remainder of 3.
Use 4 as the next digit of our solution. 
Result so far: 4.0
If we subtract 48 from 51, we get 3.
Append the next digit (6) from the dividend to 3 and continue with: 36 / 12

Step 3:
When dividing 36 by 12, we get 3 with a remainder of 0.
Record the quotient 3 as the next digit in the result. 
Result so far: 43.0
If we subtract 36 from 36, we get 0.
Fetch the next digit (5) from the dividend, attach it to 0 and continue: 5 / 12

Let's proceed to step 4:
When dividing 5 by 12, we get 0 with a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 430.0
If we subtract 0 from 5, we get 5.
Append the next digit (0) from the dividend to 5 and continue with: 50 / 12

On to step 5:
12 goes into 50 4 times with a remainder of 2.
Use 4 as the next digit of our solution. 
Result so far: 4304.0
If we take 48 away from 50, we end up with 2.
Take the next digit (1) from the dividend and append it to 2, then repeat: 21 / 12

Advancing to step 6:
12 can be fit into 21 1 times, resulting in a remainder of 9.
Put 1 as the next digit of the answer. 
Result so far: 43041.0
Deduct 12 from 21 and we're left with 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:
The number 12 fits into 90 7 times, leaving a remainder of 6.
Record the quotient 7 as the next digit in the result. 
Result so far: 43041.7
If we take 84 away from 90, we end up with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Moving on to step 8:
60 divided by 12 is 5 with a remainder of 0.
Record the quotient 5 as the next digit in the result. 
Result so far: 43041.75
Subtract 60 from 60 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.

On to step 9:
12 goes into 0 0 times with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 43041.75
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.

Advancing to step 10:
12 goes into 0 0 times with a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 43041.75
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.

After the division, we end up with 43041.75 and a remainder of 0.0.