We look at the division of 514416 by 4 
Let's see how many times 4 fits into 514416.

Moving on to step 1:
4 can be fit into 5 1 times, resulting in a remainder of 1.
Put 1 as the next digit of the answer. 
Result so far: 1.0
Subtracting 4 from 5 leaves us with 1.
Include the next digit (1) from the dividend after 1, then repeat: 11 / 4

Let's proceed to step 2:
11 divided by 4 is 2 with a remainder of 3.
Put 2 as the next digit of the answer. 
Result so far: 12.0
Subtract 8 from 11 to get 3.
Append the next digit (4) from the dividend to 3 and continue with: 34 / 4

Going ahead to step 3:
34 divided by 4 is 8 with a remainder of 2.
Record the quotient 8 as the next digit in the result. 
Result so far: 128.0
If we take 32 away from 34, we end up with 2.
Append the next digit (4) from the dividend to 2 and continue with: 24 / 4

Moving on to step 4:
24 divided by 4 is 6 with a remainder of 0.
Put 6 as the next digit of the answer. 
Result so far: 1286.0
Subtract 24 from 24 to get 0.
Fetch the next digit (1) from the dividend, attach it to 0 and continue: 1 / 4

On to step 5:
The number 4 fits into 1 0 times, leaving a remainder of 1.
Put 0 as the next digit of the answer. 
Result so far: 12860.0
Subtract 0 from 1 to get 1.
Bring next digit (6) of the dividend behind the 1 and repeat the process: 16 / 4

On to step 6:
When dividing 16 by 4, we get 4 with a remainder of 0.
Use 4 as the next digit of our solution. 
Result so far: 128604.0
If we subtract 16 from 16, 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.

Moving on to step 7:
4 goes into 0 0 times with a remainder of 0.
The next digit of our result is 0. 
Result so far: 128604.0
Deduct 0 from 0 and we're left 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 8:
4 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: 128604.0
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.

In conclusion, the division gives 128604.0 with a balance of 0.0.