SPFX ENVIONMENT ISSUE

I set up a new spfx environment. After running Gulp Serve command getting below error screen.

node version : v12.22.12

Npm version : 8.7.0

below is the code of serve.json file

{

  "$schema": "https://developer.microsoft.com/json-schemas/core-build/serve.schema.json",

  "port": 4321,

  "https": true,

  "initialPage": "https://localhost:4321/_layouts/workbench.aspx"

//"initialPage": "https://enter-your-SharePoint-site/_layouts/workbench.aspx"

}

 

under node module folder sp-webpart-workbench folder also missing