Android Studio property missing

I have a clean Android Studio version 3. With a new application created with all defau defaults. The build has no errors. The application produces the following error when trying to run
…android\debug.keystore specified for property ‘signingConfig.storeFile’ does not exist.
I’m seeking help
I ran the application in debug mode and part of the output is shown under.
9:19:18.751 [ERROR] [org.gradle.internal.buildevents.BuildExceptionReporter] Caused by: org.gradle.api.InvalidUserDataException: File ‘D:\Kotlin_Android\Projecfts\TheApplication\app\\debug.keystore’ specified for property ‘signingConfig.storeFile’ does not exist.
19:19:18.751 [ERROR] [org.gradle.internal.buildevents.BuildExceptionReporter] at org.gradle.api.internal.tasks.TaskValidationContext$Severity$
19:19:18.751 [ERROR] [org.gradle.internal.buildevents.BuildExceptionReporter] … 26 more