We're dividing 264972 by 1 
Our goal is to divide 264972 by 1.

Moving on to step 1:
If we divide 2 by 1, we get 2 and a remainder of 0.
Write down 2 as next digit of the result. 
Result so far: 2.0
Subtract 2 from 2 to get 0.
Take the next digit (6) from the dividend and append it to 0, then repeat: 6 / 1

Moving on to step 2:
The number 1 fits into 6 6 times, leaving a remainder of 0.
The next digit of our result is 6. 
Result so far: 26.0
If we take 6 away from 6, we end up with 0.
Fetch the next digit (4) from the dividend, attach it to 0 and continue: 4 / 1

Let's proceed to step 3:
When dividing 4 by 1, we get 4 with a remainder of 0.
Use 4 as the next digit of our solution. 
Result so far: 264.0
Subtract 4 from 4 to get 0.
Grab the next digit (9) from the dividend, add it to 0, then carry on: 9 / 1

Let's proceed to step 4:
When dividing 9 by 1, we get 9 with a remainder of 0.
The next digit of our result is 9. 
Result so far: 2649.0
Subtract 9 from 9 to get 0.
Append the next digit (7) from the dividend to 0 and continue with: 7 / 1

Moving on to step 5:
If we divide 7 by 1, we get 7 and a remainder of 0.
Use 7 as the next digit of our solution. 
Result so far: 26497.0
If we take 7 away from 7, we end up with 0.
Append the next digit (2) from the dividend to 0 and continue with: 2 / 1

Going ahead to step 6:
1 goes into 2 2 times with a remainder of 0.
Record the quotient 2 as the next digit in the result. 
Result so far: 264972.0
Subtract 2 from 2 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.

Step 7:
0 divided by 1 is 0 with a remainder of 0.
The next digit of our result is 0. 
Result so far: 264972.0
If we subtract 0 from 0, 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.

Advancing to step 8:
When dividing 0 by 1, we get 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 264972.0
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 264972.0 with a balance of 0.0.