We look at the division of 506983 by 16 
We want to divide 506983 by 16.

Moving on to step 1:
16 goes into 5 0 times with a remainder of 5.
The next digit of our result is 0. 
Result so far: 0.0
If we subtract 0 from 5, we get 5.
Append the next digit (0) from the dividend to 5 and continue with: 50 / 16

Step 2:
16 can be fit into 50 3 times, resulting in a remainder of 2.
Put 3 as the next digit of the answer. 
Result so far: 3.0
If we take 48 away from 50, we end up with 2.
Fetch the next digit (6) from the dividend, attach it to 2 and continue: 26 / 16

Moving on to step 3:
The number 16 fits into 26 1 times, leaving a remainder of 10.
Record the quotient 1 as the next digit in the result. 
Result so far: 31.0
If we take 16 away from 26, we end up with 10.
Fetch the next digit (9) from the dividend, attach it to 10 and continue: 109 / 16

Going ahead to step 4:
The number 16 fits into 109 6 times, leaving a remainder of 13.
Record the quotient 6 as the next digit in the result. 
Result so far: 316.0
Deduct 96 from 109 and we're left with 13.
Include the next digit (8) from the dividend after 13, then repeat: 138 / 16

Moving on to step 5:
16 can be fit into 138 8 times, resulting in a remainder of 10.
Record the quotient 8 as the next digit in the result. 
Result so far: 3168.0
Subtracting 128 from 138 leaves us with 10.
Fetch the next digit (3) from the dividend, attach it to 10 and continue: 103 / 16

Advancing to step 6:
The number 16 fits into 103 6 times, leaving a remainder of 7.
Put 6 as the next digit of the answer. 
Result so far: 31686.0
Subtract 96 from 103 to get 7.
Since there are no more digits in the dividend, we add a zero to the remainder making it 70, and continue the process.

Let's proceed to step 7:
16 goes into 70 4 times with a remainder of 6.
The next digit of our result is 4. 
Result so far: 31686.4
Deduct 64 from 70 and we're left with 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Moving on to step 8:
The number 16 fits into 60 3 times, leaving a remainder of 12.
The next digit of our result is 3. 
Result so far: 31686.43
The remainder is 12 after subtracting 48 from 60.
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:
If we divide 120 by 16, we get 7 and a remainder of 8.
Write down 7 as next digit of the result. 
Result so far: 31686.437
If we take 112 away from 120, we end up with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Step 10:
When dividing 80 by 16, we get 5 with a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 31686.4375
If we take 80 away from 80, we end up 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.

On to step 11:
The number 16 fits into 0 0 times, leaving a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 31686.4375
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.

On to step 12:
If we divide 0 by 16, we get 0 and a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 31686.4375
The remainder is 0 after subtracting 0 from 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 31686.4375, with a leftover of 0.0.