Doesn't Audio Cleaning Lab come with instructions and suggestions? I'm not familiar with the program, but there should be instructions with the software that tells you how to hook up a turntable, the type of audio card that you need in your PC, and you will need a drive that can burn CD's. It should be simple.

IF you have any 78's, make sure your turntable has a stylus made for 78's otherwise you will be adding all kinds of additional noise to your recordings.