[Elecraft] XLR microphone wiring, K3 rear panel

[Benson Wills]

I'm hoping to get my mic wired for the contest tomorrow. I have an XLR mic
(AKG D5) which has:

Pin 1: ground
Pin 2: hot
Pin 3: return

Just got back from RadioShack after waiting in line 15 minutes while the
iPod and cell phone repairs were handled, just to get a 1/8 mono plug.

I've got some CAT5E cable to use, and I also have a standard XLR cable.

Does "hot" go to the center and ground & return go to the outside conductor?

I know that I'll have to select the rear panel mic option in the menu. Are
there other settings, i.e. bias voltage, that have to be set?

73
Benson / NE4W