Recording LP's

[Terry Mercer]

I would like to record some of my LP records on to CD using my 
PowerMacG4 and OSX. I have purchased a iMic and it seems to be installed 
OK but I can't find any information as to how to record to the hard disk 
so I can then record on to a CD. I have Roxio Toast 5.
I am a recent convert to the Mac after many years doing battle with PCs 
so my present Mac skills are limited.
Terry Mercer