We're dividing 716612 by 16 
Our goal is to divide 716612 by 16.

On to step 1:
If we divide 7 by 16, we get 0 and a remainder of 7.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Subtract 0 from 7 to get 7.
Append the next digit (1) from the dividend to 7 and continue with: 71 / 16

Going ahead to step 2:
When dividing 71 by 16, we get 4 with a remainder of 7.
Write down 4 as next digit of the result. 
Result so far: 4.0
Subtract 64 from 71 to get 7.
Take the next digit (6) from the dividend and append it to 7, then repeat: 76 / 16

Moving on to step 3:
When dividing 76 by 16, we get 4 with a remainder of 12.
The next digit of our result is 4. 
Result so far: 44.0
If we take 64 away from 76, we end up with 12.
Append the next digit (6) from the dividend to 12 and continue with: 126 / 16

Moving on to step 4:
126 divided by 16 is 7 with a remainder of 14.
Record the quotient 7 as the next digit in the result. 
Result so far: 447.0
Subtracting 112 from 126 leaves us with 14.
Append the next digit (1) from the dividend to 14 and continue with: 141 / 16

Advancing to step 5:
16 can be fit into 141 8 times, resulting in a remainder of 13.
Record the quotient 8 as the next digit in the result. 
Result so far: 4478.0
The remainder is 13 after subtracting 128 from 141.
Append the next digit (2) from the dividend to 13 and continue with: 132 / 16

On to step 6:
The number 16 fits into 132 8 times, leaving a remainder of 4.
Write down 8 as next digit of the result. 
Result so far: 44788.0
Deduct 128 from 132 and we're left 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.

Advancing to step 7:
When dividing 40 by 16, we get 2 with a remainder of 8.
The next digit of our result is 2. 
Result so far: 44788.2
Subtracting 32 from 40 leaves us with 8.
Since there are no more digits in the dividend, we add a zero to the remainder making it 80, and continue the process.

Let's proceed to step 8:
80 divided by 16 is 5 with a remainder of 0.
Record the quotient 5 as the next digit in the result. 
Result so far: 44788.25
The remainder is 0 after subtracting 80 from 80.
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:
When dividing 0 by 16, we get 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 44788.25
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.

Moving on to step 10:
16 goes into 0 0 times with a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 44788.25
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 44788.25 with a balance of 0.0.