I need a bit of help working with transparent images. An example is the image below. I've added borders so you can see what I'm doing.

As you can see, the background is solid white, but the image itself is primarily white. I want only the background to be transparent.
I've dabbled with the GIF Optimizer feature to make the background transparent, but part of the actual image becomes transparent also, since it contains white.
One thing I tried doing was use the color replacer to change the white background to another color, but in doing so, some of the image itself changes to yellow, despite my trying to avoid that.
Is it possible to configure PSP so that only the background is transparent? If so, what's the most practical method?
Thank you for your assistance. Jd



