I want to add an external library GuillotineMenu-Android in my application. I followed the steps given in the most upvoted answer to an existing question How do I add a library project to the Android Studio?
But I am facing error when I try to build project after step 6 i.e. when added dependency in app/build.gradle as  compile project(":guillotinemenu"). I tried all the stackoverflow links related to this error but its not working out. I have made a folder named libs in my app directory and copied the project folder guillotine menu there. Here is my 
build.gradle(Module:app) file
apply plugin: 'com.android.application'
android {
    compileSdkVersion 22
    buildToolsVersion "22.0.1"
    defaultConfig {
        applicationId "com.sunshine.bbreaker.appet_i"
        minSdkVersion 14
        targetSdkVersion 22
        versionCode 1
        versionName "1.0"
    }
    buildTypes {
        release {
            minifyEnabled false
            proguardFiles getDefaultProguardFile('proguard-android.txt'), 'proguard-rules.pro'
        }
    }
    productFlavors {
    }
}
dependencies {
    compile fileTree(dir: 'libs', include: ['*.jar'])
    compile 'com.android.support:recyclerview-v7:+'
    compile 'com.github.navasmdc:MaterialDesign:1.+@aar'
    compile 'com.android.support:appcompat-v7:22.0.+'
    // GuillotineMenu
    compile project(":guillotinemenu")
}
settings.gradle(Project Settings) file:
    include ':app', ':guillotinemenu'
project(':guillotinemenu').projectDir = new File('libs/guillotinemenu')
build.gradle(Project:guillotinemenu) file:
buildscript {
repositories {
    jcenter()
}
dependencies {
    classpath 'com.android.tools.build:gradle:1.2.3'
    // NOTE: Do not place your application dependencies here; they belong
    // in the individual module build.gradle files
}} allprojects {
repositories {
    jcenter()
}}
settings.gradle(Project:guillotinemenu) file:
include ':app', ':library'
build.gradle(guillotinemenu) file:
    apply plugin: 'com.android.application'
android {
    compileSdkVersion 22
    buildToolsVersion "21.1.2"
    defaultConfig {
        applicationId "com.yalantis.guillotine.sample"
        minSdkVersion 15
        targetSdkVersion 22
        versionCode 1
        versionName "1.0"
    }
    buildTypes {
        release {
            minifyEnabled false
            proguardFiles getDefaultProguardFile('proguard-android.txt'), 'proguard-rules.pro'
        }
    }
}
dependencies {
    compile project(':library')
    compile fileTree(dir: 'libs', include: ['*.jar'])
    compile 'com.android.support:appcompat-v7:22.1.1'
    compile 'com.jakewharton:butterknife:6.1.0'
}
Let me know if you need any more information. Thanks in advance.
 
     
    