We're dividing 423586 by 16 
Let's see how many times 16 fits into 423586.

Let's proceed to step 1:
16 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of the result. 
Result so far: 0.0
Deduct 0 from 4 and we're left with 4.
Include the next digit (2) from the dividend after 4, then repeat: 42 / 16

On to step 2:
42 divided by 16 is 2 with a remainder of 10.
Use 2 as the next digit of our solution. 
Result so far: 2.0
Subtracting 32 from 42 leaves us with 10.
Take the next digit (3) from the dividend and append it to 10, then repeat: 103 / 16

Let's proceed to step 3:
When dividing 103 by 16, we get 6 with a remainder of 7.
Write down 6 as next digit of the result. 
Result so far: 26.0
Subtract 96 from 103 to get 7.
Bring next digit (5) of the dividend behind the 7 and repeat the process: 75 / 16

Going ahead to step 4:
If we divide 75 by 16, we get 4 and a remainder of 11.
The next digit of our result is 4. 
Result so far: 264.0
Deduct 64 from 75 and we're left with 11.
Take the next digit (8) from the dividend and append it to 11, then repeat: 118 / 16

On to step 5:
If we divide 118 by 16, we get 7 and a remainder of 6.
The next digit of our result is 7. 
Result so far: 2647.0
The remainder is 6 after subtracting 112 from 118.
Take the next digit (6) from the dividend and append it to 6, then repeat: 66 / 16

Let's proceed to step 6:
16 can be fit into 66 4 times, resulting in a remainder of 2.
The number 4 becomes the next digit in our result. 
Result so far: 26474.0
If we subtract 64 from 66, we get 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Advancing to step 7:
16 can be fit into 20 1 times, resulting in a remainder of 4.
Put 1 as the next digit of the answer. 
Result so far: 26474.1
The remainder is 4 after subtracting 16 from 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Let's proceed to step 8:
When dividing 40 by 16, we get 2 with a remainder of 8.
The next digit of our result is 2. 
Result so far: 26474.12
Subtract 32 from 40 to get 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

On to step 9:
16 can be fit into 80 5 times, resulting in a remainder of 0.
Put 5 as the next digit of the answer. 
Result so far: 26474.125
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.

Step 10:
The number 16 fits into 0 0 times, leaving a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 26474.125
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.

Moving on to step 11:
16 can be fit into 0 0 times, resulting in a remainder of 0.
The next digit of our result is 0. 
Result so far: 26474.125
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 26474.125 with a balance of 0.0.