16474 ÷ 8 = 2059 R2
Alright, let's work through the division of 16474 by 8 step by step.

Step 1:
8 goes into 1 0 times with a remainder of 1.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 1 to get 1.
Bring next digit (6) of the dividend behind the 1 and repeat the process: 16 / 8

Step 2:
8 goes into 16 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 2
Subtract 16 from 16 to get 0.
Bring next digit (4) of the dividend behind the 0 and repeat the process: 4 / 8

Step 3:
8 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of of the result. 
Result so far: 20
Subtract 0 from 4 to get 4.
Bring next digit (7) of the dividend behind the 4 and repeat the process: 47 / 8

Step 4:
8 goes into 47 5 times with a remainder of 7.
Write down 5 as next digit of of the result. 
Result so far: 205
Subtract 40 from 47 to get 7.
Bring next digit (4) of the dividend behind the 7 and repeat the process: 74 / 8

Step 5:
8 goes into 74 9 times with a remainder of 2.
Write down 9 as next digit of of the result. 
Result so far: 2059
Subtract 72 from 74 to get 2.

The final result is 2059 with a remainder of 2.