Let's divide 545692 by 4
Our goal is to divide 545692 by 4.

Moving on to step 1:
The number 4 fits into 5 1 times, leaving a remainder of 1.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
Subtract 4 from 5 to get 1.
Append the next digit (4) from the dividend to 1 and continue with: 14 / 4

Going ahead to step 2:
4 goes into 14 3 times with a remainder of 2.
Use 3 as the next digit of our solution. 
Result so far: 13.0
Deduct 12 from 14 and we're left with 2.
Include the next digit (5) from the dividend after 2, then repeat: 25 / 4

Let's proceed to step 3:
The number 4 fits into 25 6 times, leaving a remainder of 1.
Write down 6 as next digit of the result. 
Result so far: 136.0
Subtract 24 from 25 to get 1.
Take the next digit (6) from the dividend and append it to 1, then repeat: 16 / 4

Step 4:
4 can be fit into 16 4 times, resulting in a remainder of 0.
Put 4 as the next digit of the answer. 
Result so far: 1364.0
Subtracting 16 from 16 leaves us with 0.
Grab the next digit (9) from the dividend, add it to 0, then carry on: 9 / 4

Moving on to step 5:
The number 4 fits into 9 2 times, leaving a remainder of 1.
The next digit of our result is 2. 
Result so far: 13642.0
Deduct 8 from 9 and we're left with 1.
Fetch the next digit (2) from the dividend, attach it to 1 and continue: 12 / 4

Step 6:
When dividing 12 by 4, we get 3 with a remainder of 0.
Write down 3 as next digit of the result. 
Result so far: 136423.0
Subtracting 12 from 12 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.

Advancing to step 7:
4 can be fit into 0 0 times, resulting in a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 136423.0
If we subtract 0 from 0, we 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 8:
If we divide 0 by 4, we get 0 and a remainder of 0.
Write down 0 as next digit of the result. 
Result so far: 136423.0
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 136423.0 with a balance of 0.0.