We look at the division of 76261 by 70 
We want to divide 76261 by 70.

On to step 1:
If we divide 7 by 70, we get 0 and a remainder of 7.
Record the quotient 0 as the next digit in the result. 
Result so far: 0.0
Deduct 0 from 7 and we're left with 7.
Fetch the next digit (6) from the dividend, attach it to 7 and continue: 76 / 70

Moving on to step 2:
70 goes into 76 1 times with a remainder of 6.
Use 1 as the next digit of our solution. 
Result so far: 1.0
If we take 70 away from 76, we end up with 6.
Include the next digit (2) from the dividend after 6, then repeat: 62 / 70

Step 3:
70 goes into 62 0 times with a remainder of 62.
Write down 0 as next digit of the result. 
Result so far: 10.0
Subtracting 0 from 62 leaves us with 62.
Fetch the next digit (6) from the dividend, attach it to 62 and continue: 626 / 70

Moving on to step 4:
If we divide 626 by 70, we get 8 and a remainder of 66.
The next digit of our result is 8. 
Result so far: 108.0
Subtract 560 from 626 to get 66.
Grab the next digit (1) from the dividend, add it to 66, then carry on: 661 / 70

Step 5:
70 can be fit into 661 9 times, resulting in a remainder of 31.
The number 9 becomes the next digit in our result. 
Result so far: 1089.0
The remainder is 31 after subtracting 630 from 661.
Since there are no more digits in the dividend, we add a zero to the remainder making it 310, and continue the process.

Moving on to step 6:
70 goes into 310 4 times with a remainder of 30.
Use 4 as the next digit of our solution. 
Result so far: 1089.4
Deduct 280 from 310 and we're left with 30.
Since there are no more digits in the dividend, we add a zero to the remainder making it 300, and continue the process.

Step 7:
The number 70 fits into 300 4 times, leaving a remainder of 20.
The number 4 becomes the next digit in our result. 
Result so far: 1089.44
The remainder is 20 after subtracting 280 from 300.
Since there are no more digits in the dividend, we add a zero to the remainder making it 200, and continue the process.

The final outcome is 1089.44, with a leftover of 0.02.