We look at the division of 264340 by 98 
We're looking to find how many times 98 goes into 264340.

On to step 1:
When dividing 2 by 98, we get 0 with a remainder of 2.
Put 0 as the next digit of the answer. 
Result so far: 0.0
Subtract 0 from 2 to get 2.
Include the next digit (6) from the dividend after 2, then repeat: 26 / 98

Advancing to step 2:
When dividing 26 by 98, we get 0 with a remainder of 26.
Put 0 as the next digit of the answer. 
Result so far: 0.0
The remainder is 26 after subtracting 0 from 26.
Append the next digit (4) from the dividend to 26 and continue with: 264 / 98

Going ahead to step 3:
If we divide 264 by 98, we get 2 and a remainder of 68.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
Subtract 196 from 264 to get 68.
Bring next digit (3) of the dividend behind the 68 and repeat the process: 683 / 98

Moving on to step 4:
When dividing 683 by 98, we get 6 with a remainder of 95.
Write down 6 as next digit of the result. 
Result so far: 26.0
Subtract 588 from 683 to get 95.
Bring next digit (4) of the dividend behind the 95 and repeat the process: 954 / 98

Moving on to step 5:
When dividing 954 by 98, we get 9 with a remainder of 72.
Use 9 as the next digit of our solution. 
Result so far: 269.0
The remainder is 72 after subtracting 882 from 954.
Grab the next digit (0) from the dividend, add it to 72, then carry on: 720 / 98

Moving on to step 6:
720 divided by 98 is 7 with a remainder of 34.
The next digit of our result is 7. 
Result so far: 2697.0
Subtract 686 from 720 to get 34.
Since there are no more digits in the dividend, we add a zero to the remainder making it 340, and continue the process.

Step 7:
340 divided by 98 is 3 with a remainder of 46.
The next digit of our result is 3. 
Result so far: 2697.3
The remainder is 46 after subtracting 294 from 340.
Since there are no more digits in the dividend, we add a zero to the remainder making it 460, and continue the process.

Step 8:
The number 98 fits into 460 4 times, leaving a remainder of 68.
The next digit of our result is 4. 
Result so far: 2697.34
If we take 392 away from 460, we end up with 68.
Since there are no more digits in the dividend, we add a zero to the remainder making it 680, and continue the process.

On to step 9:
680 divided by 98 is 6 with a remainder of 92.
Put 6 as the next digit of the answer. 
Result so far: 2697.346
The remainder is 92 after subtracting 588 from 680.
Since there are no more digits in the dividend, we add a zero to the remainder making it 920, and continue the process.

Let's proceed to step 10:
If we divide 920 by 98, we get 9 and a remainder of 38.
Put 9 as the next digit of the answer. 
Result so far: 2697.3469
The remainder is 38 after subtracting 882 from 920.
Since there are no more digits in the dividend, we add a zero to the remainder making it 380, and continue the process.

Step 11:
98 goes into 380 3 times with a remainder of 86.
The number 3 becomes the next digit in our result. 
Result so far: 2697.34693
The remainder is 86 after subtracting 294 from 380.
Since there are no more digits in the dividend, we add a zero to the remainder making it 860, and continue the process.

Let's proceed to step 12:
860 divided by 98 is 8 with a remainder of 76.
The next digit of our result is 8. 
Result so far: 2697.346938
The remainder is 76 after subtracting 784 from 860.
Since there are no more digits in the dividend, we add a zero to the remainder making it 760, and continue the process.

On to step 13:
98 can be fit into 760 7 times, resulting in a remainder of 74.
Use 7 as the next digit of our solution. 
Result so far: 2697.3469387
Subtract 686 from 760 to get 74.
Since there are no more digits in the dividend, we add a zero to the remainder making it 740, and continue the process.

Step 14:
98 goes into 740 7 times with a remainder of 54.
The next digit of our result is 7. 
Result so far: 2697.34693877
Subtract 686 from 740 to get 54.
Since there are no more digits in the dividend, we add a zero to the remainder making it 540, and continue the process.

The final outcome is 2697.34693877, with a leftover of 5.4e-08.