Use PEMDAS to simplify: 72 divided by 12 + 26 - 8 • 3

First, use the multiplication operation:

72 ÷ 12 + 26 - 8 • 3

= 72 ÷ 12 + 26 - 24

Next, use the division operation:
= 6 + 26 - 24

Now, perform the addition:
= 32 - 24

Finally, perform the subtraction:
= 8.