We look at the division of 987367 by 4 
We want to figure out the number of times 987367 can be divided by 4.

On to step 1:
When dividing 9 by 4, we get 2 with a remainder of 1.
Record the quotient 2 as the next digit in the result. 
Result so far: 2.0
Subtract 8 from 9 to get 1.
Append the next digit (8) from the dividend to 1 and continue with: 18 / 4

Going ahead to step 2:
4 can be fit into 18 4 times, resulting in a remainder of 2.
The next digit of our result is 4. 
Result so far: 24.0
If we take 16 away from 18, we end up with 2.
Include the next digit (7) from the dividend after 2, then repeat: 27 / 4

Let's proceed to step 3:
The number 4 fits into 27 6 times, leaving a remainder of 3.
Put 6 as the next digit of the answer. 
Result so far: 246.0
Subtract 24 from 27 to get 3.
Include the next digit (3) from the dividend after 3, then repeat: 33 / 4

Advancing to step 4:
4 can be fit into 33 8 times, resulting in a remainder of 1.
The next digit of our result is 8. 
Result so far: 2468.0
Subtract 32 from 33 to get 1.
Include the next digit (6) from the dividend after 1, then repeat: 16 / 4

Moving on to step 5:
4 can be fit into 16 4 times, resulting in a remainder of 0.
Use 4 as the next digit of our solution. 
Result so far: 24684.0
If we subtract 16 from 16, we get 0.
Include the next digit (7) from the dividend after 0, then repeat: 7 / 4

Advancing to step 6:
When dividing 7 by 4, we get 1 with a remainder of 3.
Put 1 as the next digit of the answer. 
Result so far: 246841.0
Deduct 4 from 7 and we're left with 3.
Since there are no more digits in the dividend, we add a zero to the remainder making it 30, and continue the process.

Step 7:
If we divide 30 by 4, we get 7 and a remainder of 2.
The next digit of our result is 7. 
Result so far: 246841.7
If we subtract 28 from 30, we get 2.
Since there are no more digits in the dividend, we add a zero to the remainder making it 20, and continue the process.

Moving on to step 8:
4 can be fit into 20 5 times, resulting in a remainder of 0.
Write down 5 as next digit of the result. 
Result so far: 246841.75
The remainder is 0 after subtracting 20 from 20.
Since there are no more digits in the dividend, we add a zero to the remainder making it 0, and continue the process.

Step 9:
If we divide 0 by 4, we get 0 and a remainder of 0.
Put 0 as the next digit of the answer. 
Result so far: 246841.75
Subtracting 0 from 0 leaves us with 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 10:
When dividing 0 by 4, we get 0 with a remainder of 0.
Use 0 as the next digit of our solution. 
Result so far: 246841.75
Subtract 0 from 0 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.

In conclusion, the division gives 246841.75 with a balance of 0.0.