According to the screen shots, the subnet mask you are using in your LAN is 255.255.0.0. As a first step, please run ipconfig /all within the VM to verify the VM is configured with the same subnet mask. As a second step, run the ping command from within the virtual machine, pinging it's own IP address to see whether this succeeds.
Btw. which type/model of virtual network adapter is configured for the VM?
André