Welcome!
Reading speed is hard to determine on a test like this. The first part is like a tongue twister that people naturally want to say as quickly as possible to prove they can.

It might be a little fast, but speed is in the ear of the beholder. (I consciously try to read a bit slower when I record, too.)
The recording sounds great! There are just some settings to fix:
1. The project rate is 48,000 Hz; it needs to be 44,100. Go to Edit/Preferences. Under Quality, set the default sample rate to 44,100.
2. The recording is in stereo. To change all future recordings, go to Edit, Preferences, Devices. Under Recording, change Channels to "1 (Mono)".
3. Bit rate is 320 kbps; it needs to be 128. This is set when you export to MP3. When you go to export, on the screen where you enter the file name for the MP3, keep the Bit Rate mode as Constant and change the quality to 128 kbps. You should only have to set it once; it'll remember the setting until you change it again.
That's it! Try making these adjustments, then post another test. Use the same file name as your previous one, and post in this same thread when it's ready.
