The year 2005 is being divided by the number 860762 and then the result of that division is being divided by 151377.

First, let's do the first division:

2005 ÷ 860762 = 0.00233 (rounded to five decimal places)

Now, let's divide the result by 151377:

0.00233 ÷ 151377 = 1.54 × 10^(-8) 

So, the final answer is: 
1.54 × 10^(-8)