According to the honc rule, how many covalent bonds form around nitrogen

The correct answer is:  "3 (THREE)" .

  "HONC " 
   1  2 3 4

In which "H" is the symbol for the element "hydrogen" ; 
               "O" is the symbol for the element "oxygen" ;
               "N" is the symbol for the element "nitrogen" ;
               "C" is the symbol for the element "carbon"

And the number of bonds formed:  

1, (for "H"); 2 (for "O"); 3 (for "N");  and 4 (for "C") .
 
 

Elias is almost correct. he just got it backwards.the correct answer is that it demonstrates elastic potential energy transforming into kinetic energy.