ASP.NET 2010 web.config setting

I am in the processing of trying to run a C # asp.net 2010 web application from my workstation so I can understand it and add my own webpages to the application. However to get this application to run, I am trying to determine what the following values should be in the web.config file:









Let me know if the following settings are correct and/or what would you recommend?




where would this reports path be on my local workstation?

NOTE: I have C#.net 2008 desktop experience, but this is the first time I am working on anasp.net 2010 application.