HTTP Error 404.17 - Not Found

[Udi]

Hi Telerik.
I get this error on trying run web page with Telerik grid from IIS.
"HTTP Error 404.17 - Not Found
The requested content appears to be script and will not be served by the static file handler."

I am working on window server 2008 - 32 bit ,  IIS7

I think i should config manually some configuration file but i am not sure

Attache is screen shoots with configuration + we.config file

Please help.

Thansk

<?xml version="1.0" encoding="UTF-8"?>
<!--
  For more information on how to configure your ASP.NET application, please visit
  http://go.microsoft.com/fwlink/?LinkId=169433
  -->
<configuration>
    <system.web>
    <httpHandlers>
      <add path="Telerik.Web.UI.WebResource.axd" verb="*" type="Telerik.Web.UI.WebResource, Telerik.Web.UI, Version=2010.3.1109.35, Culture=neutral, PublicKeyToken=121fae78165ba3d4" validate="false" />
    </httpHandlers>
        <compilation debug="true" strict="false" explicit="true" targetFramework="4.0">
            <assemblies>
                <add assembly="System.Data.OracleClient, Version=4.0.0.0, Culture=neutral, PublicKeyToken=B77A5C561934E089" /></assemblies></compilation>
    </system.web>
    <system.webServer>
        <handlers>
            <remove name="WebServiceHandlerFactory-ISAPI-2.0" />
            <add name="svc" path="*.svc" verb="*" modules="IsapiModule" scriptProcessor="%windir%\Microsoft.NET\Framework\v4.0.30319\aspnet_isapi.dll" resourceType="Unspecified" preCondition="classicMode,runtimeVersionv4.0,bitness32" />
        </handlers>
    </system.webServer>
</configuration>