Shown with a cast-on count of 8 stitches.  

• Rows 1 and 7 (RS): P1, kfb, knit to last 2 sts, k2tog.
• Rows 2 and 4: Knit to last 2 sts, kfb, k1 (1 more st).
• Row 3: P1, kfb, *k1, dip st, repeat from * to last 3 sts, k1, k2tog.
• Row 5: P1, kfb, *k1, dip st, repeat from * to last 2 sts, k2tog.
• Row 6: K3, purl to last 2 sts, kfb, k1 (1 more st).
• Row 8: K3, *dip st, k1, repeat from * to last 2 sts, kfb, k1 (multiple of 2 sts, plus 6).