Let's divide 506761 by 4
We're looking to find how many times 4 goes into 506761.

Moving on to step 1:
When dividing 5 by 4, we get 1 with a remainder of 1.
The next digit of our result is 1. 
Result so far: 1.0
If we subtract 4 from 5, we get 1.
Grab the next digit (0) from the dividend, add it to 1, then carry on: 10 / 4

Let's proceed to step 2:
4 goes into 10 2 times with a remainder of 2.
Write down 2 as next digit of the result. 
Result so far: 12.0
Subtract 8 from 10 to get 2.
Bring next digit (6) of the dividend behind the 2 and repeat the process: 26 / 4

Moving on to step 3:
4 can be fit into 26 6 times, resulting in a remainder of 2.
Use 6 as the next digit of our solution. 
Result so far: 126.0
The remainder is 2 after subtracting 24 from 26.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 4

On to step 4:
If we divide 27 by 4, we get 6 and a remainder of 3.
The number 6 becomes the next digit in our result. 
Result so far: 1266.0
If we take 24 away from 27, we end up with 3.
Fetch the next digit (6) from the dividend, attach it to 3 and continue: 36 / 4

On to step 5:
36 divided by 4 is 9 with a remainder of 0.
The number 9 becomes the next digit in our result. 
Result so far: 12669.0
The remainder is 0 after subtracting 36 from 36.
Take the next digit (1) from the dividend and append it to 0, then repeat: 1 / 4

Moving on to step 6:
The number 4 fits into 1 0 times, leaving a remainder of 1.
Use 0 as the next digit of our solution. 
Result so far: 126690.0
Subtracting 0 from 1 leaves us with 1.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

Let's proceed to step 7:
If we divide 10 by 4, we get 2 and a remainder of 2.
The number 2 becomes the next digit in our result. 
Result so far: 126690.2
If we subtract 8 from 10, 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.

Going ahead to step 8:
The number 4 fits into 20 5 times, leaving a remainder of 0.
Use 5 as the next digit of our solution. 
Result so far: 126690.25
Subtract 20 from 20 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.

Let's proceed to step 9:
If we divide 0 by 4, we get 0 and a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 126690.25
Subtracting 0 from 0 leaves us 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.

Let's proceed to step 10:
The number 4 fits into 0 0 times, leaving a remainder of 0.
The next digit of our result is 0. 
Result so far: 126690.25
Deduct 0 from 0 and we're left 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.

After the division, we end up with 126690.25 and a remainder of 0.0.