We look at the division of 119058 by 80 
We want to figure out the number of times 119058 can be divided by 80.

Let's proceed to step 1:
If we divide 1 by 80, we get 0 and a remainder of 1.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 1, we get 1.
Include the next digit (1) from the dividend after 1, then repeat: 11 / 80

Moving on to step 2:
80 can be fit into 11 0 times, resulting in a remainder of 11.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtract 0 from 11 to get 11.
Include the next digit (9) from the dividend after 11, then repeat: 119 / 80

On to step 3:
The number 80 fits into 119 1 times, leaving a remainder of 39.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Deduct 80 from 119 and we're left with 39.
Append the next digit (0) from the dividend to 39 and continue with: 390 / 80

Moving on to step 4:
If we divide 390 by 80, we get 4 and a remainder of 70.
Use 4 as the next digit of our solution. 
Result so far: 14.0
Deduct 320 from 390 and we're left with 70.
Append the next digit (5) from the dividend to 70 and continue with: 705 / 80

On to step 5:
705 divided by 80 is 8 with a remainder of 65.
Use 8 as the next digit of our solution. 
Result so far: 148.0
Subtract 640 from 705 to get 65.
Fetch the next digit (8) from the dividend, attach it to 65 and continue: 658 / 80

Step 6:
80 can be fit into 658 8 times, resulting in a remainder of 18.
The number 8 becomes the next digit in our result. 
Result so far: 1488.0
Subtract 640 from 658 to get 18.
Since there are no more digits in the dividend, we add a zero to the remainder making it 180, and continue the process.

Step 7:
80 goes into 180 2 times with a remainder of 20.
Record the quotient 2 as the next digit in the result. 
Result so far: 1488.2
Subtracting 160 from 180 leaves us 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.

On to step 8:
If we divide 200 by 80, we get 2 and a remainder of 40.
The next digit of our result is 2. 
Result so far: 1488.22
If we subtract 160 from 200, we get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

In conclusion, the division gives 1488.22 with a balance of 0.04.