ACL Rules for limiting bandwidth using web gui

Hello, I’m trying to limit bandwidth on a specific port (1/0/21) to 1 mb using ACL’s, on a M4300-28g.  I’m setting it up via the web gui, attachment provided.  When I transfer files to see if it’s working I can see on the pc that is connected to the port 1/0/21, but it’s not being limited.  I’m not sure if I’m setting it up correctly but the only thing I’ve noticed is that under “Rule Status” it’s blank.  I read that it should say “active” or “inactive” and blank means “no time schedules are assigned to the rule”.