I am trying to build an empty default project in Android Studio for Android Wear. I get this error:

```
Error:(23, 41) error: cannot find symbol variable ic_launcher
Error:Execution failed for task ':wear:compileDebugJava'.
> Compilation failed; see the compiler error output for details.

```

I am a total newbie in wearable app development. Any pointers would really help.
![enter image description here](https://i.stack.imgur.com/DDtUN.png)

P.S.: I have done no single change in the code.