If you listen to Dogs.wav very closely, you can hear dogs very far in the background. You may have even cut one off. We don’t want that in our file, so let’s get rid of them. But since we’ve split this block, that would be really time consuming to look at each one. But good news, if we adjust the original file, all the blocks will be updated!
To restore our panel we can press the Zoom Out Full button.

Notice that the changes you made in Waveform persisted into Multitrack.