No Sound

Hi folks -

Newbie question here. I just spent my first hour with Wavelab Elements 7, and when I got my wav file into it and pressed spacebar, the cursor moves, the meters register, the spectrum analyzer seems to work, as does the studio equalizer. But no sound is coming out of either the ASIO system Cubase uses, or the Windows speakers. I don’t see any place to configure the program to go to the right audio interface etc. Anybody know what I’m doing wrong?

Menu Options > Audio Streaming settings