Find closest multiple of $161$ to $207$. We see that $1 \times 161 = 161$ is the nearest. Now subtract $161$ from $207$ to get reminder $46$. Add $1$ to quotient.
Since $46$ is less than $161$, stop the division. The reminder is $46$. The topmost line $001$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $1$.