PowerShell Tools for Visual Studio does not install on VS 2019

When I try to install on Visual Studio 2019, the installation fails and I receive the following error.

Install Error : Microsoft.VisualStudio.ExtensionManager.MissingTargetFrameworkException: The extension 'PowerShell Tools for Visual Studio' requires a version of the .NET Framework that is not installed.

I can confirm that .NET Framework 4.7.2 is properly installed on my machine. I don't know how .Net Framework version detection is done, but the "Release" key under the following path indicates 461814 in decimal. HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\NET Framework Setup\NDP\v4\Full

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