We divide 701670 by 40
We're looking to find how many times 40 goes into 701670.

Let's proceed to step 1:
40 goes into 7 0 times with a remainder of 7.
Write down 0 as next digit of the result. 
Result so far: 0.0
The remainder is 7 after subtracting 0 from 7.
Take the next digit (0) from the dividend and append it to 7, then repeat: 70 / 40

Going ahead to step 2:
When dividing 70 by 40, we get 1 with a remainder of 30.
The next digit of our result is 1. 
Result so far: 1.0
The remainder is 30 after subtracting 40 from 70.
Fetch the next digit (1) from the dividend, attach it to 30 and continue: 301 / 40

Advancing to step 3:
301 divided by 40 is 7 with a remainder of 21.
Put 7 as the next digit of the answer. 
Result so far: 17.0
The remainder is 21 after subtracting 280 from 301.
Include the next digit (6) from the dividend after 21, then repeat: 216 / 40

Going ahead to step 4:
40 can be fit into 216 5 times, resulting in a remainder of 16.
The number 5 becomes the next digit in our result. 
Result so far: 175.0
Subtract 200 from 216 to get 16.
Append the next digit (7) from the dividend to 16 and continue with: 167 / 40

Advancing to step 5:
40 goes into 167 4 times with a remainder of 7.
The number 4 becomes the next digit in our result. 
Result so far: 1754.0
Subtracting 160 from 167 leaves us with 7.
Take the next digit (0) from the dividend and append it to 7, then repeat: 70 / 40

Moving on to step 6:
70 divided by 40 is 1 with a remainder of 30.
Write down 1 as next digit of the result. 
Result so far: 17541.0
The remainder is 30 after subtracting 40 from 70.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Moving on to step 7:
300 divided by 40 is 7 with a remainder of 20.
The next digit of our result is 7. 
Result so far: 17541.7
Subtracting 280 from 300 leaves us 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.

On to step 8:
200 divided by 40 is 5 with a remainder of 0.
The next digit of our result is 5. 
Result so far: 17541.75
The remainder is 0 after subtracting 200 from 200.
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 9:
When dividing 0 by 40, we get 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 17541.75
Deduct 0 from 0 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.

Going ahead to step 10:
If we divide 0 by 40, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 17541.75
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.

In conclusion, the division gives 17541.75 with a balance of 0.0.