We divide 506281 by 4
We're looking to find how many times 4 goes into 506281.

Going ahead to step 1:
4 goes into 5 1 times with a remainder of 1.
The number 1 becomes the next digit in our result. 
Result so far: 1.0
Deduct 4 from 5 and we're left with 1.
Grab the next digit (0) from the dividend, add it to 1, then carry on: 10 / 4

Step 2:
When dividing 10 by 4, we get 2 with a remainder of 2.
The next digit of our result is 2. 
Result so far: 12.0
If we take 8 away from 10, we end up with 2.
Take the next digit (6) from the dividend and append it to 2, then repeat: 26 / 4

Let's proceed to step 3:
4 goes into 26 6 times with a remainder of 2.
The next digit of our result is 6. 
Result so far: 126.0
If we subtract 24 from 26, we get 2.
Append the next digit (2) from the dividend to 2 and continue with: 22 / 4

Moving on to step 4:
When dividing 22 by 4, we get 5 with a remainder of 2.
Put 5 as the next digit of the answer. 
Result so far: 1265.0
Subtract 20 from 22 to get 2.
Grab the next digit (8) from the dividend, add it to 2, then carry on: 28 / 4

Step 5:
4 goes into 28 7 times with a remainder of 0.
Record the quotient 7 as the next digit in the result. 
Result so far: 12657.0
Subtracting 28 from 28 leaves us with 0.
Fetch the next digit (1) from the dividend, attach it to 0 and continue: 1 / 4

Going ahead to step 6:
When dividing 1 by 4, we get 0 with a remainder of 1.
Record the quotient 0 as the next digit in the result. 
Result so far: 126570.0
If we subtract 0 from 1, we get 1.
Since there are no more digits in the dividend, we add a zero to the remainder making it 10, and continue the process.

On to step 7:
10 divided by 4 is 2 with a remainder of 2.
Put 2 as the next digit of the answer. 
Result so far: 126570.2
Subtract 8 from 10 to get 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Going ahead to step 8:
If we divide 20 by 4, we get 5 and a remainder of 0.
The number 5 becomes the next digit in our result. 
Result so far: 126570.25
Subtract 20 from 20 to get 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 9:
0 divided by 4 is 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 126570.25
Subtracting 0 from 0 leaves us with 0.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Let's proceed to step 10:
If we divide 0 by 4, we get 0 and a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 126570.25
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.

The final result is 126570.25 with a remainder of 0.0.