We look at the division of 89394460 by 516 
Let's see how many times 516 fits into 89394460.

Advancing to step 1:
When dividing 8 by 516, we get 0 with a remainder of 8.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we subtract 0 from 8, we get 8.
Append the next digit (9) from the dividend to 8 and continue with: 89 / 516

Let's proceed to step 2:
516 can be fit into 89 0 times, resulting in a remainder of 89.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Subtracting 0 from 89 leaves us with 89.
Append the next digit (3) from the dividend to 89 and continue with: 893 / 516

Advancing to step 3:
When dividing 893 by 516, we get 1 with a remainder of 377.
Record the quotient 1 as the next digit in the result. 
Result so far: 1.0
If we take 516 away from 893, we end up with 377.
Include the next digit (9) from the dividend after 377, then repeat: 3779 / 516

Let's proceed to step 4:
3779 divided by 516 is 7 with a remainder of 167.
Use 7 as the next digit of our solution. 
Result so far: 17.0
The remainder is 167 after subtracting 3612 from 3779.
Fetch the next digit (4) from the dividend, attach it to 167 and continue: 1674 / 516

Moving on to step 5:
The number 516 fits into 1674 3 times, leaving a remainder of 126.
The number 3 becomes the next digit in our result. 
Result so far: 173.0
Subtract 1548 from 1674 to get 126.
Append the next digit (4) from the dividend to 126 and continue with: 1264 / 516

Going ahead to step 6:
516 goes into 1264 2 times with a remainder of 232.
Record the quotient 2 as the next digit in the result. 
Result so far: 1732.0
If we take 1032 away from 1264, we end up with 232.
Take the next digit (6) from the dividend and append it to 232, then repeat: 2326 / 516

Advancing to step 7:
The number 516 fits into 2326 4 times, leaving a remainder of 262.
Put 4 as the next digit of the answer. 
Result so far: 17324.0
The remainder is 262 after subtracting 2064 from 2326.
Fetch the next digit (0) from the dividend, attach it to 262 and continue: 2620 / 516

On to step 8:
516 can be fit into 2620 5 times, resulting in a remainder of 40.
The number 5 becomes the next digit in our result. 
Result so far: 173245.0
Subtract 2580 from 2620 to get 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Let's proceed to step 9:
If we divide 400 by 516, we get 0 and a remainder of 400.
The number 0 becomes the next digit in our result. 
Result so far: 173245.0
The remainder is 400 after subtracting 0 from 400.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4000, and continue the process.

Advancing to step 10:
The number 516 fits into 4000 7 times, leaving a remainder of 388.
The next digit of our result is 7. 
Result so far: 173245.07
Subtracting 3612 from 4000 leaves us with 388.
Since there are no more digits in the dividend, we add a zero to the remainder making it 3880, and continue the process.

Moving on to step 11:
The number 516 fits into 3880 7 times, leaving a remainder of 268.
Put 7 as the next digit of the answer. 
Result so far: 173245.077
Subtracting 3612 from 3880 leaves us with 268.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2680, and continue the process.

In conclusion, the division gives 173245.077 with a balance of 0.0268.