All is not lost. I changed it into a purse!
With size 7 or 8 needles CO 96 stitches and
join in round (place marker to note beginning of round) and knit in 2x2 (k2, p2) rib for 1.5 inches
knit one row in MC
change to B and knit one row
then start fairisle pattern:
1) *k1 with B, k1 with MC*
2) k with MC
3) *k1 with MC, k1 with B*
4) k with MC
continue with pattern until piece measures 5 1/2 inches from cast on edge. End with an even round (2 or 4)
knit one round with B
knit one round with MCfollow pattern and knit for total of 5 1/2 to 5 3/4 inches
Cut a 6 inch tail. Thread through remaining stitches and cinch tightly.
Weave in loose ends.
Then knit an i-cord at least 20-24inches long. To knit an i-cord view this video (it's near the end).
Thread i-cord through rib to form handles.