58940 ÷ 8 = 7367 R4
Let's divide 58940 by 8.

Step 1:
8 goes into 5 0 times with a remainder of 5.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 5 to get 5.
Bring next digit (8) of the dividend behind the 5 and repeat the process: 58 / 8

Step 2:
8 goes into 58 7 times with a remainder of 2.
Write down 7 as next digit of of the result. 
Result so far: 7
Subtract 56 from 58 to get 2.
Bring next digit (9) of the dividend behind the 2 and repeat the process: 29 / 8

Step 3:
8 goes into 29 3 times with a remainder of 5.
Write down 3 as next digit of of the result. 
Result so far: 73
Subtract 24 from 29 to get 5.
Bring next digit (4) of the dividend behind the 5 and repeat the process: 54 / 8

Step 4:
8 goes into 54 6 times with a remainder of 6.
Write down 6 as next digit of of the result. 
Result so far: 736
Subtract 48 from 54 to get 6.
Bring next digit (0) of the dividend behind the 6 and repeat the process: 60 / 8

Step 5:
8 goes into 60 7 times with a remainder of 4.
Write down 7 as next digit of of the result. 
Result so far: 7367
Subtract 56 from 60 to get 4.

The final result is 7367 with a remainder of 4.