Yes that shows not only your project files but also the image and javascript files. It is not usual to place both in the same folder.
Is this from your Webstyle 4 folder in the Program Files folder, or your Frontpage project folder?
Have you configured the Frontpage personal web server to use your Webstyle 4 Project folder as part of your localhost? The _vti_cnf subfolder would indicate that you have.
You screen grab does not show the folder name the files are in.
The folder name will be the project name in Webstyle 4.
When you start Webstyle 4 the main screen, click the Projects button.
Find the Project and double click it's icon.
Click the menu image to open the project.
See the attached images.