We look at the division of 342315 by 16 
We want to figure out the number of times 342315 can be divided by 16.

Step 1:
When dividing 3 by 16, we get 0 with a remainder of 3.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 3, we get 3.
Grab the next digit (4) from the dividend, add it to 3, then carry on: 34 / 16

On to step 2:
When dividing 34 by 16, we get 2 with a remainder of 2.
The number 2 becomes the next digit in our result. 
Result so far: 2.0
If we subtract 32 from 34, we get 2.
Append the next digit (2) from the dividend to 2 and continue with: 22 / 16

Let's proceed to step 3:
The number 16 fits into 22 1 times, leaving a remainder of 6.
Put 1 as the next digit of the answer. 
Result so far: 21.0
If we subtract 16 from 22, we get 6.
Fetch the next digit (3) from the dividend, attach it to 6 and continue: 63 / 16

Going ahead to step 4:
When dividing 63 by 16, we get 3 with a remainder of 15.
The next digit of our result is 3. 
Result so far: 213.0
The remainder is 15 after subtracting 48 from 63.
Take the next digit (1) from the dividend and append it to 15, then repeat: 151 / 16

On to step 5:
When dividing 151 by 16, we get 9 with a remainder of 7.
Write down 9 as next digit of the result. 
Result so far: 2139.0
The remainder is 7 after subtracting 144 from 151.
Append the next digit (5) from the dividend to 7 and continue with: 75 / 16

Moving on to step 6:
75 divided by 16 is 4 with a remainder of 11.
Put 4 as the next digit of the answer. 
Result so far: 21394.0
If we subtract 64 from 75, we get 11.
Since there are no more digits in the dividend, we add a zero to the remainder making it 110, and continue the process.

Moving on to step 7:
16 can be fit into 110 6 times, resulting in a remainder of 14.
Record the quotient 6 as the next digit in the result. 
Result so far: 21394.6
Subtract 96 from 110 to get 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Step 8:
When dividing 140 by 16, we get 8 with a remainder of 12.
Put 8 as the next digit of the answer. 
Result so far: 21394.68
Subtracting 128 from 140 leaves us with 12.
Since there are no more digits in the dividend, we add a zero to the remainder making it 120, and continue the process.

Let's proceed to step 9:
16 goes into 120 7 times with a remainder of 8.
The number 7 becomes the next digit in our result. 
Result so far: 21394.687
Subtract 112 from 120 to get 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Moving on to step 10:
80 divided by 16 is 5 with a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 21394.6875
If we subtract 80 from 80, 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.

Advancing to step 11:
16 can be fit into 0 0 times, resulting in a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 21394.6875
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.

Advancing to step 12:
16 can be fit into 0 0 times, resulting in a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 21394.6875
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 21394.6875 with a balance of 0.0.