K1 edge st, k2, cast off next 2 sts, k 76, cast off next 2 sts, k2 and k1 edge st.
It shouldn't be offset and here is why. V=knit stitch c=cast off stitch.
At first you have a flat piece like this:
VVVcc_______________work to end__________ccVVV
Then when you connect the two you have right at the seam:
ccVVPVVcc The outside V on each side mesh to form the P=purl that is right at the seam, but you still have everything even on each side.
Is this worked in a stockinette stitch? I don't know how experienced you are and maybe you don't need this help, but here is what you do. I made a tiny hat of 16 stitches and made a set of eyelets flat and one lined up in the round. I did mine in st st (stockinette st).
On the flat eyelet row you will: K5, lift one over, K1, lift one over, that gives you the 3 at the edge, then knit across to the last 5, K1, lift 1 over, K1, lift one over, knit 2. That gives the 3 past the eyelet.
Next row: P3, cast on 2 (I used a simple backward loop CO), Purl till 3 sts remain, CO2, P2.
After that I needed to knit one row even before I divided the stitches on dpns (or a circular) so that the working yarn was coming from the right needle tip.
Tink back the last stitch on the right needle and slip the last stitch to the left needle tip. P2tog, and then knit around.
Eyelet round: P1 (seam stitch), K4, lift 1 over, K1, lift 1 over (this gives 2 knit stitches after the seam stitch and then the eyelet). K around to last 3 stitches, K1, lift 1 over, K1, lift 1 over, K1. (that gives you an eyelet and two knit stitches past it.
Next round: P1, K2, CO2, knit around till 2 stitches remain on the round and CO2, K2.