61481 ÷ 4 = 15370 R1
Alright, let's work through the division of 61481 by 4 step by step.

Step 1:
4 goes into 6 1 times with a remainder of 2.
Write down 1 as next digit of of the result. 
Result so far: 1
Subtract 4 from 6 to get 2.
Bring next digit (1) of the dividend behind the 2 and repeat the process: 21 / 4

Step 2:
4 goes into 21 5 times with a remainder of 1.
Write down 5 as next digit of of the result. 
Result so far: 15
Subtract 20 from 21 to get 1.
Bring next digit (4) of the dividend behind the 1 and repeat the process: 14 / 4

Step 3:
4 goes into 14 3 times with a remainder of 2.
Write down 3 as next digit of of the result. 
Result so far: 153
Subtract 12 from 14 to get 2.
Bring next digit (8) of the dividend behind the 2 and repeat the process: 28 / 4

Step 4:
4 goes into 28 7 times with a remainder of 0.
Write down 7 as next digit of of the result. 
Result so far: 1537
Subtract 28 from 28 to get 0.
Bring next digit (1) of the dividend behind the 0 and repeat the process: 1 / 4

Step 5:
4 goes into 1 0 times with a remainder of 1.
Write down 0 as next digit of of the result. 
Result so far: 15370
Subtract 0 from 1 to get 1.

The final result is 15370 with a remainder of 1.