5576 divided by 60 
We want to figure out the number of times 5576 can be divided by 60.

On to step 1:
5 divided by 60 is 0 with a remainder of 5.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Grab the next digit (5) from the dividend, add it to 5, then carry on: 55 / 60

Going ahead to step 2:
If we divide 55 by 60, we get 0 and a remainder of 55.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 55 to get 55.
Fetch the next digit (7) from the dividend, attach it to 55 and continue: 557 / 60

Step 3:
When dividing 557 by 60, we get 9 with a remainder of 17.
Write down 9 as next digit of the result. 
Result so far: 9.0
If we subtract 540 from 557, we get 17.
Append the next digit (6) from the dividend to 17 and continue with: 176 / 60

On to step 4:
60 can be fit into 176 2 times, resulting in a remainder of 56.
Write down 2 as next digit of the result. 
Result so far: 92.0
Subtracting 120 from 176 leaves us with 56.
Since there are no more digits in the dividend, we add a zero to the remainder making it 560, and continue the process.

Moving on to step 5:
60 can be fit into 560 9 times, resulting in a remainder of 20.
The number 9 becomes the next digit in our result. 
Result so far: 92.9
The remainder is 20 after subtracting 540 from 560.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Step 6:
60 can be fit into 200 3 times, resulting in a remainder of 20.
Record the quotient 3 as the next digit in the result. 
Result so far: 92.93
The remainder is 20 after subtracting 180 from 200.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Moving on to step 7:
The number 60 fits into 200 3 times, leaving a remainder of 20.
Write down 3 as next digit of the result. 
Result so far: 92.933
Deduct 180 from 200 and we're left with 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

In conclusion, the division gives 92.933 with a balance of 0.002.