Next, drill the single 4.5 mm hole.
Drilling panel
Drill
.
button.
to close the Tool Library dialog. 
Because this hole is counterbored, the cylinder starts a bit lower. Adjust for this by making the top start from the top of stock instead.
Cycle tab
at the bottom of the Operation dialog box, or right-click in the graphics window and select OK from the marking menu, to automatically start calculating the toolpath. The toolpath is calculated and shown in the graphics window.
Continue to To Machine the Counterbore...