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To ensure your Python program handles errors gracefully and avoids unexpected termination, how would you implement error handling in the following code snippet?
#program to divide first number by the second number
def division(num1, num2):
________
result = num1 / num2
________
if num2 == 0:
print("Cannot divide by 0. Please try again!")
result = None
return result
output = division(5,0)