516402 ÷ 8 
Our goal is to divide 516402 by 8.

Going ahead to step 1:
8 can be fit into 5 0 times, resulting in a remainder of 5.
Use 0 as the next digit of our solution. 
Result so far: 0.0
If we subtract 0 from 5, we get 5.
Grab the next digit (1) from the dividend, add it to 5, then carry on: 51 / 8

Let's proceed to step 2:
When dividing 51 by 8, we get 6 with a remainder of 3.
The number 6 becomes the next digit in our result. 
Result so far: 6.0
Deduct 48 from 51 and we're left with 3.
Grab the next digit (6) from the dividend, add it to 3, then carry on: 36 / 8

Let's proceed to step 3:
When dividing 36 by 8, we get 4 with a remainder of 4.
The number 4 becomes the next digit in our result. 
Result so far: 64.0
The remainder is 4 after subtracting 32 from 36.
Fetch the next digit (4) from the dividend, attach it to 4 and continue: 44 / 8

Moving on to step 4:
44 divided by 8 is 5 with a remainder of 4.
Put 5 as the next digit of the answer. 
Result so far: 645.0
If we subtract 40 from 44, we get 4.
Append the next digit (0) from the dividend to 4 and continue with: 40 / 8

On to step 5:
8 can be fit into 40 5 times, resulting in a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 6455.0
Subtracting 40 from 40 leaves us with 0.
Grab the next digit (2) from the dividend, add it to 0, then carry on: 2 / 8

On to step 6:
When dividing 2 by 8, we get 0 with a remainder of 2.
Write down 0 as next digit of the result. 
Result so far: 64550.0
Deduct 0 from 2 and we're left with 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Advancing to step 7:
8 goes into 20 2 times with a remainder of 4.
Put 2 as the next digit of the answer. 
Result so far: 64550.2
If we take 16 away from 20, we end up with 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Let's proceed to step 8:
The number 8 fits into 40 5 times, leaving a remainder of 0.
The next digit of our result is 5. 
Result so far: 64550.25
The remainder is 0 after subtracting 40 from 40.
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 9:
When dividing 0 by 8, we get 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 64550.25
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.

Going ahead to step 10:
8 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: 64550.25
Subtracting 0 from 0 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.

In conclusion, the division gives 64550.25 with a balance of 0.0.