* Stage 1: Glycolysis
* Little ATP, 2
* Cytoplasm, does NOT need oxygen
* Stage 2: Pyruvate Oxidation + Citric Acid Cycle (also known as Krebs Cycle)
* Little ATP, 2
* Matrix in Mitochondria, requires oxygen
* Stage 3: Oxidative Phosphorylation
* A lot of ATP, 28
* Inner Membrane @ mitochondria, there is electron transport chain
* Oxygen is final electron receptor
* Makes water