Cut Off Damaged End and Strip Outer Jacket

What happens here

First, take the damaged end of the extension cord. Using wire cutters, snip off the old, damaged plug cleanly. Then, approximately an inch to an inch and a half from the cut end, use the wire strippers to carefully remove the outer rubber jacketing of the extension cord, exposing the three internal insulated wires (typically black, white, and green).

Goal: Remove the old plug and expose the internal wires.