How can I "bulk paste" a clipboard string of multi-line text into a readable ordered list?

I'm trying to demonstrate how to turn any string of multi-line text into an ordered list. The script (preferably JS) needs to respect: - carriage returns at the end of a line, to mean "that line ends here" - indentations at the beginning of a line, to mean "this is part of the item above it" - dashes at the beginning of a line, to mean "this is a task, and the line above it is its project"