Find closest multiple of $342$ to $1664$. We see that $4 \times 342 = 1368$ is the nearest. Now subtract $1368$ from $1664$ to get reminder $296$. Add $4$ to quotient.
Find closest multiple of $342$ to $2962$. We see that $8 \times 342 = 2736$ is the nearest. Now subtract $2736$ from $2962$ to get reminder $226$. Add $8$ to quotient.
Find closest multiple of $342$ to $2261$. We see that $6 \times 342 = 2052$ is the nearest. Now subtract $2052$ from $2261$ to get reminder $209$. Add $6$ to quotient.
Find closest multiple of $342$ to $2092$. We see that $6 \times 342 = 2052$ is the nearest. Now subtract $2052$ from $2092$ to get reminder $40$. Add $6$ to quotient.
Since $40$ is less than $342$, stop the division. The reminder is $40$. The topmost line $0004866$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $4866$.