macOS Big Sur java.lang.UnsatisfiedLinkError CoreFoundation - Android Studio

I was able to fix java.lang.UnsatisfiedLinkError CoreFoundation error in Android Studio by upgrading my Android Studio version to the latest version 4.1.3.

java.lang.UnsatisfiedLinkError: Unable to load library 'CoreFoundation':
dlopen(libCoreFoundation.dylib, 9): image not found
dlopen(libCoreFoundation.dylib, 9): image not found
Native library (darwin/libCoreFoundation.dylib) not found in resource path (/Applications/Android 
Studio.app/Contents/lib/bootstrap.jar:/Applications/Android Studio.app/Contents/lib/extensions.jar:/Applications/Android 
	at com.sun.jna.NativeLibrary.loadLibrary(NativeLibrary.java:302)
	Suppressed: java.lang.UnsatisfiedLinkError: dlopen(libCoreFoundation.dylib, 9): image not found
		at com.sun.jna.Native.open(Native Method)
		at com.sun.jna.NativeLibrary.loadLibrary(NativeLibrary.java:191)
		... 80 more
	Suppressed: java.lang.UnsatisfiedLinkError: dlopen(libCoreFoundation.dylib, 9): image not found
		at com.sun.jna.Native.open(Native Method)
		at com.sun.jna.NativeLibrary.loadLibrary(NativeLibrary.java:204)
		... 80 more
	Suppressed: java.io.IOException: Native library (darwin/libCoreFoundation.dylib) 
not found in resource path (/Applications/Android Studio.app/Contents/lib/bootstrap.jar:/Applications/Android 
Studio.app/Contents/jre/jdk/Contents/Home/lib/tools.jar)
		at com.sun.jna.Native.extractFromResourcePath(Native.java:1095)
		at com.sun.jna.NativeLibrary.loadLibrary(NativeLibrary.java:276)
		... 80 more

Android Studio 4.1.3
Build #AI-201.8743.12.41.7199119, built on March 11, 2021
Runtime version: 1.8.0_242-release-1644-b3-6915495 x86_64
VM: OpenJDK 64-Bit Server VM by JetBrains s.r.o
macOS 10.16
GC: ParNew, ConcurrentMarkSweep
Memory: 1237M
Cores: 8
Registry: ide.new.welcome.screen.force=true, external.system.auto.import.disabled=true