Find closest multiple of $74$ to $160$. We see that $2 \times 74 = 148$ is the nearest. Now subtract $148$ from $160$ to get reminder $12$. Add $2$ to quotient.
Since $12$ is less than $74$, stop the division. The reminder is $12$. The topmost line $002$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $2$.