Do you make "it" as a silent syllable when saying "here it is"? It is hard to hear "it" in the middle.
The speaker has not made "it" silent in this sentence. "It" is only one syllable and may be hard to pick out sometimes. The speaker slurs his words a bit, so it sounds more like "hereit is" with "hereit" sounding like one word, rather than "here it is."
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