We're dividing 86601271 by 496 
Our goal is to divide 86601271 by 496.

Let's proceed to step 1:
When dividing 8 by 496, we get 0 with a remainder of 8.
The next digit of our result is 0. 
Result so far: 0.0
If we subtract 0 from 8, we get 8.
Fetch the next digit (6) from the dividend, attach it to 8 and continue: 86 / 496

Let's proceed to step 2:
When dividing 86 by 496, we get 0 with a remainder of 86.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtracting 0 from 86 leaves us with 86.
Bring next digit (6) of the dividend behind the 86 and repeat the process: 866 / 496

Advancing to step 3:
If we divide 866 by 496, we get 1 and a remainder of 370.
Write down 1 as next digit of the result. 
Result so far: 1.0
If we subtract 496 from 866, we get 370.
Fetch the next digit (0) from the dividend, attach it to 370 and continue: 3700 / 496

Moving on to step 4:
When dividing 3700 by 496, we get 7 with a remainder of 228.
Use 7 as the next digit of our solution. 
Result so far: 17.0
The remainder is 228 after subtracting 3472 from 3700.
Include the next digit (1) from the dividend after 228, then repeat: 2281 / 496

Advancing to step 5:
When dividing 2281 by 496, we get 4 with a remainder of 297.
The next digit of our result is 4. 
Result so far: 174.0
The remainder is 297 after subtracting 1984 from 2281.
Fetch the next digit (2) from the dividend, attach it to 297 and continue: 2972 / 496

Moving on to step 6:
If we divide 2972 by 496, we get 5 and a remainder of 492.
The number 5 becomes the next digit in our result. 
Result so far: 1745.0
If we subtract 2480 from 2972, we get 492.
Bring next digit (7) of the dividend behind the 492 and repeat the process: 4927 / 496

Moving on to step 7:
The number 496 fits into 4927 9 times, leaving a remainder of 463.
Put 9 as the next digit of the answer. 
Result so far: 17459.0
The remainder is 463 after subtracting 4464 from 4927.
Append the next digit (1) from the dividend to 463 and continue with: 4631 / 496

Step 8:
If we divide 4631 by 496, we get 9 and a remainder of 167.
Put 9 as the next digit of the answer. 
Result so far: 174599.0
Deduct 4464 from 4631 and we're left with 167.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1670, and continue the process.

Step 9:
496 can be fit into 1670 3 times, resulting in a remainder of 182.
Use 3 as the next digit of our solution. 
Result so far: 174599.3
Subtracting 1488 from 1670 leaves us with 182.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1820, and continue the process.

Moving on to step 10:
When dividing 1820 by 496, we get 3 with a remainder of 332.
Use 3 as the next digit of our solution. 
Result so far: 174599.33
The remainder is 332 after subtracting 1488 from 1820.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3320, and continue the process.

In conclusion, the division gives 174599.33 with a balance of 0.332.