Step 1: Understand that the Norton equivalent is a way to simplify a complex circuit.
Step 2: Identify the part of the circuit you want to replace with the Norton equivalent.
Step 3: Find the Norton current (I_N) by calculating the short-circuit current across the terminals of the circuit.
Step 4: Find the Norton resistance (R_N) by turning off all independent sources in the circuit and calculating the equivalent resistance seen from the terminals.
Step 5: Draw the Norton equivalent circuit, which consists of a single current source (I_N) in parallel with a resistor (R_N).
Step 6: Use this simplified Norton equivalent circuit to analyze the circuit more easily.
