Review the stages of cellular respiration: (1) Glycolysis occurs in the cytoplasm and breaks glucose into two molecules of pyruvate, but no CO$_2$ is released during this stage. (2) The citric acid cycle (Krebs cycle) occurs in the mitochondrial matrix and involves the complete oxidation of acetyl-CoA, releasing CO$_2$. (3) Oxidative phosphorylation involves the electron transport chain and ATP synthesis, but it does not release CO$_2$.