50420 ÷ 8 = 6302 R4
Alright, let's work through the division of 50420 by 8 step by step.

Step 1:
8 goes into 5 0 times with a remainder of 5.
Write down 0 as next digit of of the result. 
Result so far: 0
Subtract 0 from 5 to get 5.
Bring next digit (0) of the dividend behind the 5 and repeat the process: 50 / 8

Step 2:
8 goes into 50 6 times with a remainder of 2.
Write down 6 as next digit of of the result. 
Result so far: 6
Subtract 48 from 50 to get 2.
Bring next digit (4) of the dividend behind the 2 and repeat the process: 24 / 8

Step 3:
8 goes into 24 3 times with a remainder of 0.
Write down 3 as next digit of of the result. 
Result so far: 63
Subtract 24 from 24 to get 0.
Bring next digit (2) of the dividend behind the 0 and repeat the process: 2 / 8

Step 4:
8 goes into 2 0 times with a remainder of 2.
Write down 0 as next digit of of the result. 
Result so far: 630
Subtract 0 from 2 to get 2.
Bring next digit (0) of the dividend behind the 2 and repeat the process: 20 / 8

Step 5:
8 goes into 20 2 times with a remainder of 4.
Write down 2 as next digit of of the result. 
Result so far: 6302
Subtract 16 from 20 to get 4.

The final result is 6302 with a remainder of 4.