86492 ÷ 8 = 10811 R4
Alright, let's work through the division of 86492 by 8 step by step.

Step 1:
8 goes into 8 1 times with a remainder of 0.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 8 from 8 to get 0.
Bring next digit (6) of the dividend behind the 0 and repeat the process: 6 / 8

Step 2:
8 goes into 6 0 times with a remainder of 6.
Write down 0 as next digit of of the result. 
Result so far: 10
Subtract 0 from 6 to get 6.
Bring next digit (4) of the dividend behind the 6 and repeat the process: 64 / 8

Step 3:
8 goes into 64 8 times with a remainder of 0.
Write down 8 as next digit of of the result. 
Result so far: 108
Subtract 64 from 64 to get 0.
Bring next digit (9) of the dividend behind the 0 and repeat the process: 9 / 8

Step 4:
8 goes into 9 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 1081
Subtract 8 from 9 to get 1.
Bring next digit (2) of the dividend behind the 1 and repeat the process: 12 / 8

Step 5:
8 goes into 12 1 times with a remainder of 4.
Write down 1 as next digit of of the result. 
Result so far: 10811
Subtract 8 from 12 to get 4.

The final result is 10811 with a remainder of 4.