I'm not very firm with windows, so I might be totally wrong here, but you seem to have windows 7 installed and a very old directx version. One of the files mentioned is
'C:\Windows\system32\xinput1_3.dll'. with version 9.18.944.0 and the file is dated from 2007-04-04
Isn't directx 11 available even on windows7 ? But it seems the program tries to use directx 9.
1) Install a newer directx. Test if the game works, if not goto 2
2) Can two versions of directx exists in the same windows? If yes, remove directx9 for the moment to make sure the old version isn't used anymore. Test if the game works, if not got 3
3) Install windows 10. Yeah, well, this is the wrecking ball of a solution, but that step is inevitable. If your PC is too old for windows 10 then likely it is too old for 7D2D as well
Again, I'm not a windows users, someone else might shortly step in and ask me why I post such nonsense 😉
By the way, just to make sure: Your operating system is already 64bit, right? 32bit is a no-go.