A beginner (or simply for a different look) can do this one without the cut-outs. Or try them for a little challenge!

Errata:
Front Armhole should read:
Work armhole dec to 4.25 (4.75-5.25-5.75) inches. Cont dec armhole sts, AT THE SAME TIME bind off 3 sts at neck edge 2 (4, 5, 6) times to 11 (7, 5, 3) sts. Then bind off 2 sts at neck edge until there is 1 st. Bind off. Repeat for other side. That way you should be joining the 1 st to the edge of the 36 sts of back neck. Then picking up for collar.