HTTP 500 Internal Server Error when testing webdynpro application

Hi Techies,

                   I am new to SAP and have installed EHP6 IDES Version and have issues on working with Web Dynpro. I opened a standard component WDR_TEST_EVENTS in SE80 and tested the application. The Internet explorer opens up but I get error saying "HTTP 500 Internal Server Error". Don't know what happened. I have configured necessary settings in my DEFAULT profile.

Attached screenshots of RZ10 Default Profile, SMICM configuration and Internet Explorer error for reference.

I can display the views and its elements in web dynpro component and navigate to its properties inside the view elements.

I want to fix this issue asap please help, will appreciate with reward points.

Thanks in Advance.