Where do the .elem files live?

In the Rapture Pro User Guide it states that there should be a folder created called \programs\elements inside the Rapture Pro folder, to save any user created .elem files. There is not a folder by this name on my computer, neither are there any .elem files created in the initial install on my computer.
I'm not sure where this folder should be created. Is it in the Rapture Pro folder in \Cakewalk Content, or is it in the Rapture Pro folder in \Cakewalk Sample Data? Or is it in the \Program Files\Cakewalk\Rapture Pro, or \Program Data\Cakewalk\Rapture Pro folders?
If I try to save an .elem file, it opens the \Cakewalk Content\Cakewalk Sample Data\Rapture Pro\Multisamples folder.
Also, are there any .elem files created in the initial install of Rapture Pro? Because there are none on my computer anywhere.
 I am a little confused by this, any help would be most appreciated.

Thanks scook, I have only been able to find an elements folder in Dimension Pro. It seems, at least on my system, that neither Dimension Pro, Rapture or Rapture Pro ship with any Element files and they are only a user created file. I do agree that it would be preferable that when an Element file is created that it is put in its own separate folder rather than lumped in with all the multisamples.