487 ÷ 4 = 121 R3
Let's divide 487 by 4.

Step 1:
4 goes into 4 1 times with a remainder of 0.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 4 from 4 to get 0.
Bring next digit (8) of the dividend behind the 0 and repeat the process: 8 / 4

Step 2:
4 goes into 8 2 times with a remainder of 0.
Write down 2 as next digit of of the result. 
Result so far: 12
Subtract 8 from 8 to get 0.
Bring next digit (7) of the dividend behind the 0 and repeat the process: 7 / 4

Step 3:
4 goes into 7 1 times with a remainder of 3.
Write down 1 as next digit of of the result. 
Result so far: 121
Subtract 4 from 7 to get 3.

The final result is 121 with a remainder of 3.