Child's Hat/Black with Red Stripe

This hat is made with Lamb's Pride Black (M05) with stripes of Red Hot Passion (M97). I used a very basic hat pattern:

Basic Hat
Size: Child
Materials: worsted yarn, #8 16” circular needle, yarn needle

Cast on 70 stitches on size 7 dpns or a 16 inch circular needle.
Work in k1p1 rib for 2.5 inches.
Work in stockinette st for 4.5 inches. I added two rows of red to brighten it up.

Decreases:
R 1: K2 tog, k8 around.
R 2: Knit.
R 3: K2 tog, k7 around.
R 4: Knit.
Continue decreases in above manner until K2 tog around. Cut yarn, pull remaining stitches.