We're dividing 481864 by 60 
Let's see how many times 60 fits into 481864.

Advancing to step 1:
60 goes into 4 0 times with a remainder of 4.
Write down 0 as next digit of the result. 
Result so far: 0.0
Subtract 0 from 4 to get 4.
Append the next digit (8) from the dividend to 4 and continue with: 48 / 60

Step 2:
48 divided by 60 is 0 with a remainder of 48.
The number 0 becomes the next digit in our result. 
Result so far: 0.0
If we take 0 away from 48, we end up with 48.
Fetch the next digit (1) from the dividend, attach it to 48 and continue: 481 / 60

Let's proceed to step 3:
If we divide 481 by 60, we get 8 and a remainder of 1.
Write down 8 as next digit of the result. 
Result so far: 8.0
Subtract 480 from 481 to get 1.
Fetch the next digit (8) from the dividend, attach it to 1 and continue: 18 / 60

Step 4:
60 goes into 18 0 times with a remainder of 18.
The next digit of our result is 0. 
Result so far: 80.0
Subtracting 0 from 18 leaves us with 18.
Append the next digit (6) from the dividend to 18 and continue with: 186 / 60

Advancing to step 5:
60 can be fit into 186 3 times, resulting in a remainder of 6.
Use 3 as the next digit of our solution. 
Result so far: 803.0
Deduct 180 from 186 and we're left with 6.
Append the next digit (4) from the dividend to 6 and continue with: 64 / 60

Moving on to step 6:
64 divided by 60 is 1 with a remainder of 4.
The next digit of our result is 1. 
Result so far: 8031.0
Deduct 60 from 64 and we're left with 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:
If we divide 40 by 60, we get 0 and a remainder of 40.
Use 0 as the next digit of our solution. 
Result so far: 8031.0
Subtracting 0 from 40 leaves us with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

On to step 8:
When dividing 400 by 60, we get 6 with a remainder of 40.
Use 6 as the next digit of our solution. 
Result so far: 8031.06
If we take 360 away from 400, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

Step 9:
When dividing 400 by 60, we get 6 with a remainder of 40.
Use 6 as the next digit of our solution. 
Result so far: 8031.066
If we take 360 away from 400, we end up with 40.
Since there are no more digits in the dividend, we add a zero to the remainder making it 400, and continue the process.

The quotient of the division is 8031.066, and the remainder is 0.004.