this is my work environment...
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As you can see from the command line, you've pressed the button 'PDFLaTeX' but you're invoking
winedt.exe instead of
This means that you've made a mess with your configuration.
Then, in WinEdt, go to 'Options' -> 'Execution Modes'.
There, press the 'Default' button as indicated in the picture below.
In this way, WinEdt should be able to retrieve all the informations about your TeX distribution automatically.
If it doesn't, click on the tab page 'Diagnosis' for a complete diagnosis of your system. There WinEdt will inform you about all the things you're missing in your configuration.