i have photo impact x3 and i need help with layers.?

i have a pic. that i took out an object but now i want to make the empty circle transparent so when i save the pic there would be a clear circle. ( so when i put this pic on top of another one you can see part of the other pic in the clear circle.) so i need help please.

Photo impact x3

http://www.corel.com/servlet/Satellite/us/en/Product/1192197450406#tabview=tab0

open image you want to be seen through hole first, then create new layer and fill with black, select area to erase and delete for clear circle,

http://www.ulead.com/learning/pi/pi10_10_2.htm

http://phpbb.ulead.com.tw/EN/viewtopic.php?t=30564

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