1) H2CO3 (carbonic acid) formed in tubule cells2) H2CO3 broken down into H+ and HCO3-3) HCO3- transported into blood stream4) H+ transported into tubules and combines with filtered HCO3- to make carbonic acid (H2CO3)- carbonic acid then breaks down to CO2/H2O, which are reabsorbed into tubule cell - cycle!5) filtered HCO3- disappears, but HCO3- generated in tubule cell has entered bloodstream, so= NO NET LOSS of HCO3-