How do I add a library project to Android Studio?

Question

How do I add a library project (such as Sherlock ABS) to Android Studio?

(Not to the old ADT Eclipse-based bundle, but to the new Android Studio.)

Answer 1

For Android Studio:

Click on Build.gradle (module: app).

And add for

dependencies {
    compile fileTree(include: ['*.jar'], dir: 'libs')
    compile files('libs/commons-io-2.4.jar')
}

and in your directory "app", create a directory, "libs". Add the file yourfile.jar:

Finally, compile the Gradle Files: