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A classic demonstration illustrating eddy currents is performed by dropping a permanent magnet inside a conducting cylinder. The magnet does not go into free fall. Instead it reaches terminal velocity and can take a few seconds to drop a length of about a meter. Suppose the mass of the magnet is 70 g and width of 1.0 cm. It falls with a terminal velocity of 10 cm/s and the length of the pipe is 80 cm. The magnitude of the Joule heating from the eddy currents is approximately:________