Shown with a cast-on count of 50 stitches.  

• Round 1: CO 3 sts, k50, CO 3 sts (56 sts).
• Round 2: K56.
• Round 3: K1, ssk, knit to last 3 sts, k2tog, k1 (54 sts).
• Rounds 4, 6, 8, 10, 12, 14, 16, and 18-31: Knit.
• Round 5: K1, ssk, knit to last 3 sts, k2tog, k1 (52 sts).
• Round 7: K1, ssk, knit to last 3 sts, k2tog, k1 (50 sts).
• Round 9: K1, ssk, knit to last 3 sts, k2tog, k1 (48 sts).
• Round 11: K1, ssk, knit to last 3 sts, k2tog, k1 (46 sts).
• Round 13: K1, ssk, knit to last 3 sts, k2tog, k1 (44 sts).
• Round 15: K1, ssk, knit to last 3 sts, k2tog, k1 (42 sts).
• Round 17: K1, ssk, knit to last 3 sts, k2tog, k1 (40 sts).
• Rounds 32-39 and 41-44: *K2, p2, repeat from *.
• Round 40: *Yo, k2tog, yo, p2tog, repeat from *.