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With both
Audio Workstation and MP3 Workstation you can edit all file types
Audio Workstation will save
the edit in all formats, MP3
Workstation will save in MP3 and WAV
Using the Audio
Workstation Editor

You can load
MP4, M4A and AAC files into the editor.
This utility allows you to easily create clips, add fade in/out,
normalise, echo, insert silence, reduce or increase volume.
To create a clip either select an area with the (you can then
play the selected area) or start the song playing and use the Punch
in/Out button to selected an area by ear.
To save the clip, from the Menu select File / Save Selected Area.
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