Attempting to set static address on WNR2000v3

I thought that I had to set the static address outside the range so that the router would not try to use that same address when it was trying to assign an address automatically. I was under the impression that by limiting the range I was only limiting the addresses that the router could assign automatically.

I had tried to assign a static address before I had limited the range and had gotten the same message. I am trying to input all the same data into the the static address that is in the Blu Ray that seems to be working and it continuously says that it is an invalid ip address.