We look at the division of 507320 by 60 
Let's see how many times 60 fits into 507320.

Step 1:
When dividing 5 by 60, we get 0 with a remainder of 5.
Write down 0 as next digit of the result. 
Result so far: 0.0
If we subtract 0 from 5, we get 5.
Take the next digit (0) from the dividend and append it to 5, then repeat: 50 / 60

Moving on to step 2:
60 can be fit into 50 0 times, resulting in a remainder of 50.
Use 0 as the next digit of our solution. 
Result so far: 0.0
Deduct 0 from 50 and we're left with 50.
Append the next digit (7) from the dividend to 50 and continue with: 507 / 60

Going ahead to step 3:
The number 60 fits into 507 8 times, leaving a remainder of 27.
The number 8 becomes the next digit in our result. 
Result so far: 8.0
If we take 480 away from 507, we end up with 27.
Bring next digit (3) of the dividend behind the 27 and repeat the process: 273 / 60

On to step 4:
When dividing 273 by 60, we get 4 with a remainder of 33.
Put 4 as the next digit of the answer. 
Result so far: 84.0
The remainder is 33 after subtracting 240 from 273.
Bring next digit (2) of the dividend behind the 33 and repeat the process: 332 / 60

Let's proceed to step 5:
332 divided by 60 is 5 with a remainder of 32.
The number 5 becomes the next digit in our result. 
Result so far: 845.0
Subtract 300 from 332 to get 32.
Bring next digit (0) of the dividend behind the 32 and repeat the process: 320 / 60

Step 6:
60 can be fit into 320 5 times, resulting in a remainder of 20.
The number 5 becomes the next digit in our result. 
Result so far: 8455.0
If we subtract 300 from 320, we get 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

On to step 7:
60 goes into 200 3 times with a remainder of 20.
The next digit of our result is 3. 
Result so far: 8455.3
If we take 180 away from 200, we end up 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.

Going ahead to step 8:
When dividing 200 by 60, we get 3 with a remainder of 20.
Write down 3 as next digit of the result. 
Result so far: 8455.33
Deduct 180 from 200 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.

Our division results in 8455.33 with a remaining 0.02.