We divide 71922974 by 120
Our goal is to divide 71922974 by 120.

Let's proceed to step 1:
The number 120 fits into 7 0 times, leaving a remainder of 7.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we take 0 away from 7, we end up with 7.
Bring next digit (1) of the dividend behind the 7 and repeat the process: 71 / 120

Going ahead to step 2:
71 divided by 120 is 0 with a remainder of 71.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Deduct 0 from 71 and we're left with 71.
Append the next digit (9) from the dividend to 71 and continue with: 719 / 120

Advancing to step 3:
120 goes into 719 5 times with a remainder of 119.
Record the quotient 5 as the next digit in the result. 
Result so far: 5.0
Subtract 600 from 719 to get 119.
Append the next digit (2) from the dividend to 119 and continue with: 1192 / 120

Step 4:
120 goes into 1192 9 times with a remainder of 112.
Use 9 as the next digit of our solution. 
Result so far: 59.0
Subtracting 1080 from 1192 leaves us with 112.
Bring next digit (2) of the dividend behind the 112 and repeat the process: 1122 / 120

Moving on to step 5:
120 can be fit into 1122 9 times, resulting in a remainder of 42.
The number 9 becomes the next digit in our result. 
Result so far: 599.0
If we take 1080 away from 1122, we end up with 42.
Include the next digit (9) from the dividend after 42, then repeat: 429 / 120

Moving on to step 6:
429 divided by 120 is 3 with a remainder of 69.
Put 3 as the next digit of the answer. 
Result so far: 5993.0
Subtract 360 from 429 to get 69.
Bring next digit (7) of the dividend behind the 69 and repeat the process: 697 / 120

Step 7:
120 can be fit into 697 5 times, resulting in a remainder of 97.
Put 5 as the next digit of the answer. 
Result so far: 59935.0
Subtracting 600 from 697 leaves us with 97.
Append the next digit (4) from the dividend to 97 and continue with: 974 / 120

Moving on to step 8:
974 divided by 120 is 8 with a remainder of 14.
The next digit of our result is 8. 
Result so far: 599358.0
Subtracting 960 from 974 leaves us with 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Going ahead to step 9:
120 can be fit into 140 1 times, resulting in a remainder of 20.
Record the quotient 1 as the next digit in the result. 
Result so far: 599358.1
If we take 120 away from 140, we end up 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.

Step 10:
If we divide 200 by 120, we get 1 and a remainder of 80.
Put 1 as the next digit of the answer. 
Result so far: 599358.11
If we take 120 away from 200, we end up with 80.
Since there are no more digits in the dividend, we add a zero to the remainder making it 800, and continue the process.

In conclusion, the division gives 599358.11 with a balance of 0.08.