126634 divided by 40 
We want to divide 126634 by 40.

Moving on to step 1:
1 divided by 40 is 0 with a remainder of 1.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we take 0 away from 1, we end up with 1.
Bring next digit (2) of the dividend behind the 1 and repeat the process: 12 / 40

Advancing to step 2:
When dividing 12 by 40, we get 0 with a remainder of 12.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtracting 0 from 12 leaves us with 12.
Fetch the next digit (6) from the dividend, attach it to 12 and continue: 126 / 40

Advancing to step 3:
40 goes into 126 3 times with a remainder of 6.
The number 3 becomes the next digit in our result. 
Result so far: 3.0
If we take 120 away from 126, we end up with 6.
Grab the next digit (6) from the dividend, add it to 6, then carry on: 66 / 40

Step 4:
66 divided by 40 is 1 with a remainder of 26.
The number 1 becomes the next digit in our result. 
Result so far: 31.0
If we subtract 40 from 66, we get 26.
Take the next digit (3) from the dividend and append it to 26, then repeat: 263 / 40

On to step 5:
263 divided by 40 is 6 with a remainder of 23.
Put 6 as the next digit of the answer. 
Result so far: 316.0
Deduct 240 from 263 and we're left with 23.
Bring next digit (4) of the dividend behind the 23 and repeat the process: 234 / 40

On to step 6:
40 can be fit into 234 5 times, resulting in a remainder of 34.
The number 5 becomes the next digit in our result. 
Result so far: 3165.0
Subtracting 200 from 234 leaves us with 34.
Since there are no more digits in the dividend, we add a zero to the remainder making it 340, and continue the process.

Step 7:
340 divided by 40 is 8 with a remainder of 20.
Use 8 as the next digit of our solution. 
Result so far: 3165.8
If we subtract 320 from 340, we get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Step 8:
40 goes into 200 5 times with a remainder of 0.
The next digit of our result is 5. 
Result so far: 3165.85
The remainder is 0 after subtracting 200 from 200.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Going ahead to step 9:
40 can be fit into 0 0 times, resulting in a remainder of 0.
The next digit of our result is 0. 
Result so far: 3165.85
Subtract 0 from 0 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.

Going ahead to step 10:
If we divide 0 by 40, we get 0 and a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 3165.85
The remainder is 0 after subtracting 0 from 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

In conclusion, the division gives 3165.85 with a balance of 0.0.