Shown with a cast-on count of 112 stitches.  

• Round 1: [K2tog, k12] 8 times (104 sts).
• Round 3: [K2tog, k11] 8 times (96 sts).
• Round 5: [K2tog, k10] 8 times (88 sts).
• Round 7: [K2tog, k9] 8 times (80 sts).
• Round 9: [K2tog, k8] 8 times (72 sts).
• Round 11: [K2tog, k7] 8 times (64 sts).
• Round 13: [K2tog, k6] 8 times (56 sts).
• Round 15: [K2tog, k5] 8 times (48 sts).
• Round 17: [K2tog, k4] 8 times (40 sts).
• Round 19: [K2tog] 20 times (20 sts).
• Round 21: [K2tog] 10 times (10 sts).