We're dividing 392967 by 1 
We want to figure out the number of times 392967 can be divided by 1.

On to step 1:
When dividing 3 by 1, we get 3 with a remainder of 0.
Record the quotient 3 as the next digit in the result. 
Result so far: 3.0
Subtracting 3 from 3 leaves us with 0.
Bring next digit (9) of the dividend behind the 0 and repeat the process: 9 / 1

Going ahead to step 2:
1 can be fit into 9 9 times, resulting in a remainder of 0.
Put 9 as the next digit of the answer. 
Result so far: 39.0
Subtract 9 from 9 to get 0.
Append the next digit (2) from the dividend to 0 and continue with: 2 / 1

Moving on to step 3:
1 goes into 2 2 times with a remainder of 0.
Record the quotient 2 as the next digit in the result. 
Result so far: 392.0
The remainder is 0 after subtracting 2 from 2.
Include the next digit (9) from the dividend after 0, then repeat: 9 / 1

Going ahead to step 4:
When dividing 9 by 1, we get 9 with a remainder of 0.
Write down 9 as next digit of the result. 
Result so far: 3929.0
Subtracting 9 from 9 leaves us with 0.
Grab the next digit (6) from the dividend, add it to 0, then carry on: 6 / 1

On to step 5:
The number 1 fits into 6 6 times, leaving a remainder of 0.
The number 6 becomes the next digit in our result. 
Result so far: 39296.0
If we take 6 away from 6, we end up with 0.
Include the next digit (7) from the dividend after 0, then repeat: 7 / 1

Let's proceed to step 6:
7 divided by 1 is 7 with a remainder of 0.
Record the quotient 7 as the next digit in the result. 
Result so far: 392967.0
If we subtract 7 from 7, 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.

Step 7:
1 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: 392967.0
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.

On to step 8:
0 divided by 1 is 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 392967.0
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.

In conclusion, the division gives 392967.0 with a balance of 0.0.