When you run the Event Viewer, you receive:

The Eventlog service on the local machine is not started.

Using Control Panel / Services / Eventlog / Start, you are greeted with:

Could not start the Eventlog service on \\<machine name>.
Error 1501: No event log file could be opened, so the event logging service did not start.

Insufficent permissions have been granted on the three log files in %SYSTEMROOT%\SYSTEM32\CONFIG.

You require Change permissions on the Folder and files. Grant either or all of the following:

                               Admininstators - Change                               System - Change                               Everyone - Change
The default permissions on the %SystemRoot%\System32\Config folder, which I recommend, are:
                               Administrators - Full Control                               Creator/Owner - Full Control                               Everyone - List                               Server Operators - List                               System - Full Control