We're dividing 261696 by 8 
We want to figure out the number of times 261696 can be divided by 8.

Moving on to step 1:
8 can be fit into 2 0 times, resulting in a remainder of 2.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 2 and we're left with 2.
Take the next digit (6) from the dividend and append it to 2, then repeat: 26 / 8

Step 2:
8 goes into 26 3 times with a remainder of 2.
Write down 3 as next digit of the result. 
Result so far: 3.0
If we subtract 24 from 26, we get 2.
Bring next digit (1) of the dividend behind the 2 and repeat the process: 21 / 8

Let's proceed to step 3:
21 divided by 8 is 2 with a remainder of 5.
The next digit of our result is 2. 
Result so far: 32.0
The remainder is 5 after subtracting 16 from 21.
Fetch the next digit (6) from the dividend, attach it to 5 and continue: 56 / 8

Advancing to step 4:
The number 8 fits into 56 7 times, leaving a remainder of 0.
Write down 7 as next digit of the result. 
Result so far: 327.0
Subtract 56 from 56 to get 0.
Append the next digit (9) from the dividend to 0 and continue with: 9 / 8

On to step 5:
9 divided by 8 is 1 with a remainder of 1.
The number 1 becomes the next digit in our result. 
Result so far: 3271.0
If we take 8 away from 9, we end up with 1.
Fetch the next digit (6) from the dividend, attach it to 1 and continue: 16 / 8

Moving on to step 6:
The number 8 fits into 16 2 times, leaving a remainder of 0.
Use 2 as the next digit of our solution. 
Result so far: 32712.0
Subtracting 16 from 16 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.

Let's proceed to step 7:
The number 8 fits into 0 0 times, leaving a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 32712.0
Subtract 0 from 0 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.

Step 8:
0 divided by 8 is 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 32712.0
Subtract 0 from 0 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.

The final outcome is 32712.0, with a leftover of 0.0.