Find closest multiple of $175$ to $347$. We see that $1 \times 175 = 175$ is the nearest. Now subtract $175$ from $347$ to get reminder $172$. Add $1$ to quotient.
Since $172$ is less than $175$, stop the division. The reminder is $172$. The topmost line $001$ is the quotient. Remove all zeros at the start of the quotient to get the actual quotient $1$.