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Error
gradle/caches/modules-2/files-2.1/androidx.lifecycle/lifecycle-common/2.6.1/10f354fdb64868baecd67128560c5a0d6312c495/lifecycle-common-2.6.1.jar!/META-INF/lifecycle-common.kotlin_module: Module was compiled with an incompatible version of Kotlin. The binary version of its metadata is 1.8.0, expected version is 1.5.1.Solution
First try Invalidate & restart Option in File menu to invalidate all cached build files
if your error still persist then try clearing cache folder with specific gradle version in your User folder in C drive for example for me the path to the folder is as follows
C:\Users\myUser\.gradle\cachesand
C:\Users\myUser\.AndroidStudio3.5\system\caches