98706 ÷ 8 = 12338 R2
Let's divide 98706 by 8.

Step 1:
8 goes into 9 1 times with a remainder of 1.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 8 from 9 to get 1.
Bring next digit (8) of the dividend behind the 1 and repeat the process: 18 / 8

Step 2:
8 goes into 18 2 times with a remainder of 2.
Write down 2 as next digit of of the result. 
Result so far: 12
Subtract 16 from 18 to get 2.
Bring next digit (7) of the dividend behind the 2 and repeat the process: 27 / 8

Step 3:
8 goes into 27 3 times with a remainder of 3.
Write down 3 as next digit of of the result. 
Result so far: 123
Subtract 24 from 27 to get 3.
Bring next digit (0) of the dividend behind the 3 and repeat the process: 30 / 8

Step 4:
8 goes into 30 3 times with a remainder of 6.
Write down 3 as next digit of of the result. 
Result so far: 1233
Subtract 24 from 30 to get 6.
Bring next digit (6) of the dividend behind the 6 and repeat the process: 66 / 8

Step 5:
8 goes into 66 8 times with a remainder of 2.
Write down 8 as next digit of of the result. 
Result so far: 12338
Subtract 64 from 66 to get 2.

The final result is 12338 with a remainder of 2.