Flutter — Flutter doctor results with “cmdline-tools component is missing”

After installing Android Studio & Flutter on Windows 10, when I run flutter doctor, I get the following:

[√] Flutter (Channel stable, 2.5.0, on Microsoft Windows [Version 10.0.19043.1202], locale en-US)
[X] Android toolchain - develop for Android devices
X cmdline-tools component is missing
Run `path/to/sdkmanager --install "cmdline-tools;latest"`
See https://developer.android.com/studio/command-line for more details