Chapter 1 
THE SINNER IN ADAM — WITHOUT CHRIST. Rom 3.23

The penalty of sin is upon him. Rom 7:9-11
The power of sin is over him. 
The presence of sin is in him. 
   Without Christ. 
The sinner. Without hope.

Chapter 2 
THE SINNER AT THE CROSS — WITH CHRIST. 2 Cor 5:21

The penalty of sin is removed by Christ, the Savior. 
Pardon is granted. 
Righteousness is imputed. 
   Justification. 
The sinner's past. Covered

THE BELIEVER IN THE HEAVENLIES — IN CHRIST. Rom 6.23

The power of sin is broken by Christ, the Lord.
A new sphere is entered. 
A new life is implanted. 
A new nature is imparted. 
   Regeneration. 
The believer's present. Assured.

Chapter 4 
THE BELIEVER ON THE EARTH — THROUGH CHRIST. Gal 2:20

The place of sin is taken by Christ, the Life. 
Dead to Sin. 
Dead to Self. 
Alive to God. 
   Sanctification. 
The believer's present. Secured.

Chapter 5 
THE BELIEVER IN THE AIR. LIKE CHRIST. 1 John 3:2

The presence of sin is effaced by Christ, the King. 
He is perfected into His likeness. 
He is conformed into His image. 
   Glorification. 
The believer's future. Transfigured. Col 3:4

"For by grace ye have been saved through faith, 
   And that not of yourselves: 
      It is the gift of God: 
Not of works, lest any man should boast."Eph 2:8-9

"It is finished."