In the print driver, at the ''Printer properties'', on ''Ports'' tab click on "Configure port" and change from RAW to LPR, at the Queue name write "lp" and be sure to unchecked "LPR Byte Counting Enable" and "SNMP Status Enabled".
MS converted your port to WSD, which is near as makes no difference, garbage as a port/protocol.
Select Add Port and choose Standard TCP/IP > New Port > Next
Use the Printers IP in box one and whatever you want in box 2
Then click Finish and then go do what was suggested above by Gabiene