Here is a step-by-step guide:
1. Park the Corvette on a level surface and turn off the engine.
2. Apply the parking brake.
3. Locate the brake fluid reservoir. It is located on the driver's side of the engine compartment.
4. Remove the cap from the brake fluid reservoir.
5. Fill the reservoir with new brake fluid until the level is between the "MIN" and "MAX" marks.
6. Find the bleeder screws on the brake calipers. There is one bleeder screw on each caliper.
7. Attached a clear tube to one of the bleeder screws.
8. Submerge the other end of the tube in a clear container filled with about an inch of brake fluid.
9. Have a friend depress the brake pedal slowly and hold it down.
10. While your friend is holding the brake pedal down, open the bleeder screw.
11. You will see bubbles coming out of the brake line. Continue bleeding the brakes until the bubbles are gone.
12. Close the bleeder screw and repeat steps 7-11 for the other three bleeder screws.
13. Add more brake fluid to the reservoir, if necessary.
14. Replace the cap on the brake fluid reservoir.
Test the brakes by applying the parking brake and depressing the brake pedal. The pedal should feel firm and not go all the way to the floor.