554298 divided by 40 
We want to figure out the number of times 554298 can be divided by 40.

Going ahead to step 1:
If we divide 5 by 40, we get 0 and a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtracting 0 from 5 leaves us with 5.
Include the next digit (5) from the dividend after 5, then repeat: 55 / 40

On to step 2:
40 can be fit into 55 1 times, resulting in a remainder of 15.
Use 1 as the next digit of our solution. 
Result so far: 1.0
Subtracting 40 from 55 leaves us with 15.
Fetch the next digit (4) from the dividend, attach it to 15 and continue: 154 / 40

Going ahead to step 3:
154 divided by 40 is 3 with a remainder of 34.
Record the quotient 3 as the next digit in the result. 
Result so far: 13.0
Subtracting 120 from 154 leaves us with 34.
Take the next digit (2) from the dividend and append it to 34, then repeat: 342 / 40

Moving on to step 4:
40 can be fit into 342 8 times, resulting in a remainder of 22.
The number 8 becomes the next digit in our result. 
Result so far: 138.0
The remainder is 22 after subtracting 320 from 342.
Include the next digit (9) from the dividend after 22, then repeat: 229 / 40

Moving on to step 5:
The number 40 fits into 229 5 times, leaving a remainder of 29.
The next digit of our result is 5. 
Result so far: 1385.0
The remainder is 29 after subtracting 200 from 229.
Grab the next digit (8) from the dividend, add it to 29, then carry on: 298 / 40

Moving on to step 6:
If we divide 298 by 40, we get 7 and a remainder of 18.
The number 7 becomes the next digit in our result. 
Result so far: 13857.0
Subtract 280 from 298 to get 18.
Since there are no more digits in the dividend, we add a zero to the remainder making it 180, and continue the process.

Moving on to step 7:
40 can be fit into 180 4 times, resulting in a remainder of 20.
The number 4 becomes the next digit in our result. 
Result so far: 13857.4
Deduct 160 from 180 and we're left with 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

Step 8:
40 can be fit into 200 5 times, resulting in a remainder of 0.
Record the quotient 5 as the next digit in the result. 
Result so far: 13857.45
If we subtract 200 from 200, we 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.

Going ahead to step 9:
0 divided by 40 is 0 with a remainder of 0.
Record the quotient 0 as the next digit in the result. 
Result so far: 13857.45
Deduct 0 from 0 and we're left 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.

Going ahead to step 10:
If we divide 0 by 40, we get 0 and a remainder of 0.
The number 0 becomes the next digit in our result. 
Result so far: 13857.45
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.

In conclusion, the division gives 13857.45 with a balance of 0.0.