We look at the division of 7240547 by 174 
Our goal is to divide 7240547 by 174.

Moving on to step 1:
When dividing 7 by 174, we get 0 with a remainder of 7.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 7 and we're left with 7.
Take the next digit (2) from the dividend and append it to 7, then repeat: 72 / 174

Step 2:
If we divide 72 by 174, we get 0 and a remainder of 72.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
The remainder is 72 after subtracting 0 from 72.
Take the next digit (4) from the dividend and append it to 72, then repeat: 724 / 174

On to step 3:
When dividing 724 by 174, we get 4 with a remainder of 28.
The next digit of our result is 4. 
Result so far: 4.0
Subtracting 696 from 724 leaves us with 28.
Bring next digit (0) of the dividend behind the 28 and repeat the process: 280 / 174

Going ahead to step 4:
The number 174 fits into 280 1 times, leaving a remainder of 106.
The number 1 becomes the next digit in our result. 
Result so far: 41.0
If we subtract 174 from 280, we get 106.
Append the next digit (5) from the dividend to 106 and continue with: 1065 / 174

Step 5:
If we divide 1065 by 174, we get 6 and a remainder of 21.
The next digit of our result is 6. 
Result so far: 416.0
If we take 1044 away from 1065, we end up with 21.
Fetch the next digit (4) from the dividend, attach it to 21 and continue: 214 / 174

Advancing to step 6:
When dividing 214 by 174, we get 1 with a remainder of 40.
The number 1 becomes the next digit in our result. 
Result so far: 4161.0
Subtract 174 from 214 to get 40.
Fetch the next digit (7) from the dividend, attach it to 40 and continue: 407 / 174

Let's proceed to step 7:
If we divide 407 by 174, we get 2 and a remainder of 59.
Record the quotient 2 as the next digit in the result. 
Result so far: 41612.0
Subtract 348 from 407 to get 59.
Since there are no more digits in the dividend, we add a zero to the remainder making it 590, and continue the process.

On to step 8:
When dividing 590 by 174, we get 3 with a remainder of 68.
Record the quotient 3 as the next digit in the result. 
Result so far: 41612.3
If we take 522 away from 590, we end up with 68.
Since there are no more digits in the dividend, we add a zero to the remainder making it 680, and continue the process.

Let's proceed to step 9:
The number 174 fits into 680 3 times, leaving a remainder of 158.
Record the quotient 3 as the next digit in the result. 
Result so far: 41612.33
Deduct 522 from 680 and we're left with 158.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1580, and continue the process.

In conclusion, the division gives 41612.33 with a balance of 0.158.