Android Studio – live view of bottom navigation in design view is not showing icons and the menu resource

[![enter image description here][2]][2]The bottom navigation view is not showing the icons in it, in the live- design view of the android studio as of material io 1.5.0. and I see on my previous projects that in material io 1.3.0 it’s working on old but not in the new version.

I am just seeing an empty bottom navigation bar, and nothing on it. I will really appreciate your help in this regard.

here is the code XML:

<?xml version="1.0" encoding="utf-8"?>
<androidx.constraintlayout.widget.ConstraintLayout xmlns:android="http://schemas.android.com/apk/res/android"
    xmlns:app="http://schemas.android.com/apk/res-auto"
    xmlns:tools="http://schemas.android.com/tools"
    android:layout_width="match_parent"
    android:layout_height="match_parent"
    tools:context=".HomeActivity">

    <ImageView
        android:id="@+id/img_semirec_home"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        android:scaleType="fitXY"
        android:src="@drawable/ic_semirec_top"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintStart_toStartOf="parent"
        app:layout_constraintTop_toTopOf="parent" />

    <com.google.android.material.bottomnavigation.BottomNavigationView
        android:id="@+id/bottomNavigationView"
        style="@style/Widget.MaterialComponents.BottomNavigationView.Colored"
        android:layout_width="match_parent"
        android:layout_height="wrap_content"
        app:layout_constraintBottom_toBottomOf="parent"
        app:layout_constraintEnd_toEndOf="parent"
        app:layout_constraintLeft_toLeftOf="parent"
        app:itemIconSize="20dp"
        app:menu="@menu/bottom_navigation_menu" />

</androidx.constraintlayout.widget.ConstraintLayout>

Gradle:

plugins {
    id 'com.android.library'
    id 'org.jetbrains.kotlin.android'
}

android {
    compileSdk 32

    defaultConfig {
        minSdk 26
        targetSdk 32

        testInstrumentationRunner "androidx.test.runner.AndroidJUnitRunner"
        consumerProguardFiles "consumer-rules.pro"
    }

    buildTypes {
        release {
            minifyEnabled false
            proguardFiles getDefaultProguardFile('proguard-android-optimize.txt'), 'proguard-rules.pro'
        }
    }
    buildFeatures {
        viewBinding true
    }
    compileOptions {
        sourceCompatibility JavaVersion.VERSION_1_8
        targetCompatibility JavaVersion.VERSION_1_8
    }
    kotlinOptions {
        jvmTarget = '1.8'
    }
}

dependencies {

    implementation 'androidx.core:core-ktx:1.7.0'
    implementation 'androidx.appcompat:appcompat:1.4.1'
    implementation 'com.google.android.material:material:1.5.0'
    implementation 'androidx.constraintlayout:constraintlayout:2.1.3'
    testImplementation 'junit:junit:4.13.2'
    androidTestImplementation 'androidx.test.ext:junit:1.1.3'
    androidTestImplementation 'androidx.test.espresso:espresso-core:3.4.0'

    implementation project (':resource')

    implementation 'org.jetbrains.kotlinx:kotlinx-coroutines-core:1.6.0'
    implementation 'org.jetbrains.kotlinx:kotlinx-coroutines-android:1.6.0'

}