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From the screenshots it looks like you have already recorded a master file that starts at 00:00:00:03 and ends at 00:00:01:16. You are most likely trying to record something that falls outside of that timecode range.
I would recommend closing the master file, creating a new master file, and using the Record In/Out field to set exact times. You should also make sure your Record In time allows for a few seconds of pre-roll to ensure that the Renderer is locked to timecode (don't start audio at 00:00:00:00).
-B
Makes sense