Good...... but you can't have a subnet with 31 bits.... that would leave 2 "hosts" and the network address and the broadcast would use them up, so you end up with 0 hosts per subnet. For point-to-point serial links, you'd usually use a /30 (255.255.255.252) which gives you 4 addresses per subnet (1 network, 1 broadcast, and two hosts)
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