Unless things are going awful wrong the extraction process should now start. Exact Audio copy displays extraction monitoring data and progress status in the Extracting Audio Data dialog box as shown on the left. On the top of this dialog box is displayed which track is currently being extracted. Track Progress shows the status of the current extracting track. Time is the time already elapsed and Est.
Time is the estimated time left for the track to finish extraction.
Total Progress shows the same information as Track Progress but for the overall extraction process. The Error correction field shows the number of rereads EAC is performing. More information about how to interpret this follows alter on this page. The Status field shows additional extraction information like possible read errors. After extraction completed click the OK button.