70001 ÷ 8 = 8750 R1
No problem, we've got 70001 and 8 for the division.

Step 1:
8 goes into 7 0 times with a remainder of 7.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 7 to get 7.
Bring next digit (0) of the dividend behind the 7 and repeat the process: 70 / 8

Step 2:
8 goes into 70 8 times with a remainder of 6.
Write down 8 as next digit of of the result. 
Result so far: 8
Subtract 64 from 70 to get 6.
Bring next digit (0) of the dividend behind the 6 and repeat the process: 60 / 8

Step 3:
8 goes into 60 7 times with a remainder of 4.
Write down 7 as next digit of of the result. 
Result so far: 87
Subtract 56 from 60 to get 4.
Bring next digit (0) of the dividend behind the 4 and repeat the process: 40 / 8

Step 4:
8 goes into 40 5 times with a remainder of 0.
Write down 5 as next digit of of the result. 
Result so far: 875
Subtract 40 from 40 to get 0.
Bring next digit (1) of the dividend behind the 0 and repeat the process: 1 / 8

Step 5:
8 goes into 1 0 times with a remainder of 1.
Write down 0 as next digit of of the result. 
Result so far: 8750
Subtract 0 from 1 to get 1.

The final result is 8750 with a remainder of 1.