Hi and welcome to FixYa,
Yes, it is possible. The Cambridge CD4 deck would be an external signal source of the sound card of the computer. Basically, the R/L Audio OUTPUT of the deck would be connected to the AUX or LINE IN of the PC. A RCA to stereo 3.5mm plug would be needed similar to what is shown below.
Thereafter, enable the AUX/LINE IN in both playback and recording modes of the Volume Control Properties.
Good luck and thank you for using FixYa.
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