Let's divide 86960 by 60
We want to divide 86960 by 60.

Let's proceed to step 1:
60 goes into 8 0 times with a remainder of 8.
Put 0 as the next digit of the answer. 
Result so far: 0.0
The remainder is 8 after subtracting 0 from 8.
Fetch the next digit (6) from the dividend, attach it to 8 and continue: 86 / 60

Step 2:
If we divide 86 by 60, we get 1 and a remainder of 26.
Put 1 as the next digit of the answer. 
Result so far: 1.0
Subtract 60 from 86 to get 26.
Grab the next digit (9) from the dividend, add it to 26, then carry on: 269 / 60

Step 3:
60 can be fit into 269 4 times, resulting in a remainder of 29.
Record the quotient 4 as the next digit in the result. 
Result so far: 14.0
The remainder is 29 after subtracting 240 from 269.
Bring next digit (6) of the dividend behind the 29 and repeat the process: 296 / 60

On to step 4:
296 divided by 60 is 4 with a remainder of 56.
The next digit of our result is 4. 
Result so far: 144.0
Subtract 240 from 296 to get 56.
Take the next digit (0) from the dividend and append it to 56, then repeat: 560 / 60

Moving on to step 5:
The number 60 fits into 560 9 times, leaving a remainder of 20.
The next digit of our result is 9. 
Result so far: 1449.0
The remainder is 20 after subtracting 540 from 560.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

On to step 6:
60 can be fit into 200 3 times, resulting in a remainder of 20.
Put 3 as the next digit of the answer. 
Result so far: 1449.3
Subtracting 180 from 200 leaves us with 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 7:
200 divided by 60 is 3 with a remainder of 20.
Record the quotient 3 as the next digit in the result. 
Result so far: 1449.33
The remainder is 20 after subtracting 180 from 200.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

In conclusion, the division gives 1449.33 with a balance of 0.02.