At first, select "Import CD" from the "File" menu.
Step 2 - Select which CD tracks to import
Secondly, select which CD tracks to import. To import all tracks of the CD press on the "Select All" button.
Finally, press the "OK" button and wait for the tracks to be imported to the editor.
Step 3 - Specify Output Format Settings
Press on the "Output Format" button to specify various output format settings or leave the default ones.
Step 4 - Get the Result
Lastly, select "Save Whole Clip" from the "Cut" menu to get the result file.
In case, you want only a part of the MP3 file, after selecting it, you can choose also "Cut Only Selection" from the "Cut" menu.