We look at the division of 54720 by 34 
Let's see how many times 34 fits into 54720.

Advancing to step 1:
5 divided by 34 is 0 with a remainder of 5.
The next digit of our result is 0. 
Result so far: 0.0
Subtract 0 from 5 to get 5.
Bring next digit (4) of the dividend behind the 5 and repeat the process: 54 / 34

Going ahead to step 2:
34 goes into 54 1 times with a remainder of 20.
The next digit of our result is 1. 
Result so far: 1.0
If we subtract 34 from 54, we get 20.
Append the next digit (7) from the dividend to 20 and continue with: 207 / 34

On to step 3:
34 can be fit into 207 6 times, resulting in a remainder of 3.
The number 6 becomes the next digit in our result. 
Result so far: 16.0
Subtract 204 from 207 to get 3.
Append the next digit (2) from the dividend to 3 and continue with: 32 / 34

Step 4:
34 goes into 32 0 times with a remainder of 32.
Use 0 as the next digit of our solution. 
Result so far: 160.0
If we take 0 away from 32, we end up with 32.
Take the next digit (0) from the dividend and append it to 32, then repeat: 320 / 34

Moving on to step 5:
320 divided by 34 is 9 with a remainder of 14.
The next digit of our result is 9. 
Result so far: 1609.0
Subtract 306 from 320 to get 14.
Since there are no more digits in the dividend, we add a zero to the remainder making it 140, and continue the process.

Moving on to step 6:
When dividing 140 by 34, we get 4 with a remainder of 4.
The next digit of our result is 4. 
Result so far: 1609.4
Subtract 136 from 140 to get 4.
Since there are no more digits in the dividend, we add a zero to the remainder making it 40, and continue the process.

Let's proceed to step 7:
34 can be fit into 40 1 times, resulting in a remainder of 6.
The next digit of our result is 1. 
Result so far: 1609.41
Subtract 34 from 40 to get 6.
Since there are no more digits in the dividend, we add a zero to the remainder making it 60, and continue the process.

Let's proceed to step 8:
34 can be fit into 60 1 times, resulting in a remainder of 26.
Use 1 as the next digit of our solution. 
Result so far: 1609.411
The remainder is 26 after subtracting 34 from 60.
Since there are no more digits in the dividend, we add a zero to the remainder making it 260, and continue the process.

The quotient of the division is 1609.411, and the remainder is 0.0026.