The mixing format of your hardware does not support the current output format.
Please use the "Output Format" tool in DSP studio to convert to the mixing format listed below:
Sample Rate 192000 Hz
Channels 2
Bits per sample 32
When I hit OK I then get a new message that says something went wrong in playback
I believe you only see this if you don't enable exclusive output.
Double-check that this is selected:
Options > Audio > Output mode settings... > Open device for exclusive access
Without this, the only way for WASAPI output is for the program to mix to the system format (which you have set to 192 kHz). With exclusive output enabled, it should switch the hardware format.