Today I've installed Android Studio Canary 1
Now I cannot run my app. This following dialog appears.
I've already set the right SDK location through File-> Project Structure-> Android SDK location.
Expecting your help to solve this problem.
Warning Dialog image:
Go to sdk manager and install sdk according to your device and check your device api. Example if your device is jellybean then install api 19 sdk.
Just click on the button ..."Sync Project with gradle file" Error will be remove
Go to project structure settings and set Source Compatibility and Target Compatibility to your current java development kit version: