We look at the division of 62373401 by 416 
We're looking to find how many times 416 goes into 62373401.

Going ahead to step 1:
416 can be fit into 6 0 times, resulting in a remainder of 6.
The next digit of our result is 0. 
Result so far: 0.0
Subtracting 0 from 6 leaves us with 6.
Take the next digit (2) from the dividend and append it to 6, then repeat: 62 / 416

On to step 2:
When dividing 62 by 416, we get 0 with a remainder of 62.
The next digit of our result is 0. 
Result so far: 0.0
The remainder is 62 after subtracting 0 from 62.
Fetch the next digit (3) from the dividend, attach it to 62 and continue: 623 / 416

Advancing to step 3:
623 divided by 416 is 1 with a remainder of 207.
Use 1 as the next digit of our solution. 
Result so far: 1.0
Subtracting 416 from 623 leaves us with 207.
Append the next digit (7) from the dividend to 207 and continue with: 2077 / 416

Going ahead to step 4:
The number 416 fits into 2077 4 times, leaving a remainder of 413.
The number 4 becomes the next digit in our result. 
Result so far: 14.0
Subtracting 1664 from 2077 leaves us with 413.
Grab the next digit (3) from the dividend, add it to 413, then carry on: 4133 / 416

Advancing to step 5:
4133 divided by 416 is 9 with a remainder of 389.
Record the quotient 9 as the next digit in the result. 
Result so far: 149.0
Subtract 3744 from 4133 to get 389.
Take the next digit (4) from the dividend and append it to 389, then repeat: 3894 / 416

Step 6:
416 can be fit into 3894 9 times, resulting in a remainder of 150.
Use 9 as the next digit of our solution. 
Result so far: 1499.0
If we take 3744 away from 3894, we end up with 150.
Grab the next digit (0) from the dividend, add it to 150, then carry on: 1500 / 416

Let's proceed to step 7:
1500 divided by 416 is 3 with a remainder of 252.
The number 3 becomes the next digit in our result. 
Result so far: 14993.0
Deduct 1248 from 1500 and we're left with 252.
Take the next digit (1) from the dividend and append it to 252, then repeat: 2521 / 416

Going ahead to step 8:
2521 divided by 416 is 6 with a remainder of 25.
Use 6 as the next digit of our solution. 
Result so far: 149936.0
Subtracting 2496 from 2521 leaves us with 25.
Since there are no more digits in the dividend, we add a zero to the remainder making it 250, and continue the process.

Moving on to step 9:
The number 416 fits into 250 0 times, leaving a remainder of 250.
Put 0 as the next digit of the answer. 
Result so far: 149936.0
The remainder is 250 after subtracting 0 from 250.
Since there are no more digits in the dividend, we add a zero to the remainder making it 2500, and continue the process.

Step 10:
2500 divided by 416 is 6 with a remainder of 4.
Put 6 as the next digit of the answer. 
Result so far: 149936.06
Deduct 2496 from 2500 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.

Step 11:
416 can be fit into 40 0 times, resulting in a remainder of 40.
Put 0 as the next digit of the answer. 
Result so far: 149936.06
Subtracting 0 from 40 leaves us with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Advancing to step 12:
When dividing 400 by 416, we get 0 with a remainder of 400.
The next digit of our result is 0. 
Result so far: 149936.06
If we subtract 0 from 400, we get 400.
Since there are no more digits in the dividend, we add a zero to the remainder making it 4000, and continue the process.

In conclusion, the division gives 149936.06 with a balance of 0.004.