We're dividing 62977039 by 116 
Our goal is to divide 62977039 by 116.

Advancing to step 1:
6 divided by 116 is 0 with a remainder of 6.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 6, we get 6.
Take the next digit (2) from the dividend and append it to 6, then repeat: 62 / 116

Moving on to step 2:
If we divide 62 by 116, we get 0 and a remainder of 62.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Deduct 0 from 62 and we're left with 62.
Include the next digit (9) from the dividend after 62, then repeat: 629 / 116

Moving on to step 3:
116 can be fit into 629 5 times, resulting in a remainder of 49.
The next digit of our result is 5. 
Result so far: 5.0
Deduct 580 from 629 and we're left with 49.
Take the next digit (7) from the dividend and append it to 49, then repeat: 497 / 116

Step 4:
116 can be fit into 497 4 times, resulting in a remainder of 33.
Record the quotient 4 as the next digit in the result. 
Result so far: 54.0
Deduct 464 from 497 and we're left with 33.
Fetch the next digit (7) from the dividend, attach it to 33 and continue: 337 / 116

Let's proceed to step 5:
116 goes into 337 2 times with a remainder of 105.
Put 2 as the next digit of the answer. 
Result so far: 542.0
If we subtract 232 from 337, we get 105.
Grab the next digit (0) from the dividend, add it to 105, then carry on: 1050 / 116

Moving on to step 6:
116 can be fit into 1050 9 times, resulting in a remainder of 6.
The next digit of our result is 9. 
Result so far: 5429.0
If we subtract 1044 from 1050, we get 6.
Fetch the next digit (3) from the dividend, attach it to 6 and continue: 63 / 116

Step 7:
116 goes into 63 0 times with a remainder of 63.
Record the quotient 0 as the next digit in the result. 
Result so far: 54290.0
Subtracting 0 from 63 leaves us with 63.
Grab the next digit (9) from the dividend, add it to 63, then carry on: 639 / 116

Moving on to step 8:
If we divide 639 by 116, we get 5 and a remainder of 59.
The next digit of our result is 5. 
Result so far: 542905.0
If we subtract 580 from 639, we get 59.
Since there are no more digits in the dividend, we add a zero to the remainder making it 590, and continue the process.

On to step 9:
When dividing 590 by 116, we get 5 with a remainder of 10.
The number 5 becomes the next digit in our result. 
Result so far: 542905.5
Deduct 580 from 590 and we're left with 10.
Since there are no more digits in the dividend, we add a zero to the remainder making it 100, and continue the process.

Advancing to step 10:
116 goes into 100 0 times with a remainder of 100.
Write down 0 as next digit of the result. 
Result so far: 542905.5
Deduct 0 from 100 and we're left with 100.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1000, and continue the process.

Moving on to step 11:
116 goes into 1000 8 times with a remainder of 72.
The number 8 becomes the next digit in our result. 
Result so far: 542905.508
Subtract 928 from 1000 to get 72.
Since there are no more digits in the dividend, we add a zero to the remainder making it 720, and continue the process.

Advancing to step 12:
720 divided by 116 is 6 with a remainder of 24.
Write down 6 as next digit of the result. 
Result so far: 542905.5086
If we take 696 away from 720, we end up with 24.
Since there are no more digits in the dividend, we add a zero to the remainder making it 240, and continue the process.

Moving on to step 13:
116 can be fit into 240 2 times, resulting in a remainder of 8.
Write down 2 as next digit of the result. 
Result so far: 542905.50862
Subtract 232 from 240 to get 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Moving on to step 14:
80 divided by 116 is 0 with a remainder of 80.
The number 0 becomes the next digit in our result. 
Result so far: 542905.50862
Deduct 0 from 80 and we're left with 80.
Since there are no more digits in the dividend, we add a zero to the remainder making it 800, and continue the process.

On to step 15:
The number 116 fits into 800 6 times, leaving a remainder of 104.
The number 6 becomes the next digit in our result. 
Result so far: 542905.5086206
The remainder is 104 after subtracting 696 from 800.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1040, and continue the process.

Moving on to step 16:
When dividing 1040 by 116, we get 8 with a remainder of 112.
Use 8 as the next digit of our solution. 
Result so far: 542905.50862068
Subtract 928 from 1040 to get 112.
Since there are no more digits in the dividend, we add a zero to the remainder making it 1120, and continue the process.

In conclusion, the division gives 542905.50862068 with a balance of 1.12e-07.