"Convert DivX to VCD with subtitles" Guide Question

I'm having a problem figuring out where the Audio menu is on VirtualDubMod. Since I have a Xvid avi with an AC3 format audio, I have to extract the audio from the video in order to convert the file into MPEG-1 VCD. This part of the guide is where I get lost: "Next, go to Audio menu and check that Direct stream copy is selected -- if not, select it. After you've done that, go to File menu again and select Save WAV...."
Not only do I not see an Audio menu on the toolbar, but there is also no 'Save WAV...' option in the file menu. There is, however, a Video menu with a Direct stream copy option. Is this what the guide is talking about? Am I doing something wrong? Or did I download the wrong version of VirtualDubMod? I seriously doubt it though, because I used the direct link in from this guide. Anyone's input would be greatly appreciated! Thanks.

 

The guide is using an old version of vdubmod.

Youll find your audio options under the streams menu. Click on stream list.

 

Oh ok thanks... I'm still not seeing a 'Save WAV...' option in the file menu though.

 

Are you sure?
It should be under the Chapter button.

Did you get into the streams menu and click on stream list?