Audio Recorder c#

Hi! I need application or liblary which will record audio on pc based on windows systems (xp,7,vista,8). Program should record audio in one channel input (from mic) and second channel output. Program should save files in compressed format (free from pay format) and should be able to divide records by time or size (for ex. 1 min records or 3 MB records and so on). Please do not copy/paste standard offers i will not read it.