Flutter and Android : Error running Gradle flutter doctor --android-licenses

Got below error when running 1st app developed using Flutter and Android Studio SDK

ERROR:
Error running Gradle: 
Unable to download needed Android SDK components, as the following licenses have not been accepted: Android SDK Build-Tools 26.0.2

Ran below command as told in the log.
flutter doctor --android-licenses

Got below error.
sdkmanager --version failed: 1

FIX:
Go to Android Studio and click on SDK Manager icon


Select version mention in the error and click on Apply



Once done run your application again.