Error message after updating to latest Python version

Yesterday I updated my Python version to the latest of 3.12. After the installation I am now getting the following error in PyCharm.

No Python at '"C:\Program Files\Python312\python.exe'

I was also unable to launch Python from the command prompt, but with some help from Stack Overflow I was able to correct the path in my settings. 

I am using PyCharm and Python on Windows 11. I also just updated to the very latest version of PyCharm hoping that would help, but I'm still getting the error.

My assumption is that this is a simple setting somewhere in PyCharm, so hopefully someone can help me. I've submitted a support ticket to JetBrains yesterday but have yet to hear back.

Thanks in advance if you can help with this!