Issue in making APK file in Android studio

Question

I'm working on my very first android application which is almost complete now and ready to post on play store. But I'm unable to make the APK file :(

I'm using Android Studio 3.0.1

gradle-4.1

When I tried to make the APK file I got the error:

Error:Execution failed for task ':app:transformDexArchiveWithExternalLibsDexMergerForDebug'.
> java.lang.RuntimeException: java.lang.RuntimeException: com.android.builder.dexing.DexArchiveMergerException: Unable to merge dex

which was quickly resolved by adding multiDexEnabled true to

app/build.gradle

file. But after adding this I'm now getting another error:

Error:Execution failed for task ':app:transformClassesWithMultidexlistForDebug'.
> java.io.IOException: Can't write [D:\My Data\Android\1stApplicationTest\app\build\intermediates\multi-dex\debug\componentClasses.jar] (Can't read [C:\Users\USER_NAME\.gradle\caches\transforms-1\files-1.1\support-media-compat-26.0.2.aar\d7c069de85684fc017734fd1ac5ba973\jars\classes.jar(;;;;;;**.class)] (Duplicate zip entry [classes.jar:android/support/v4/media/VolumeProviderCompat.class]))

I'm unable to resolve this issue I tried number of solutions

1. updated all the jars version as per build/sdk version of the application
2. Removed duplicate/extra dependencies, if any
3. Removed Build folders from root and inside of app folder
4. In Android Studio File -> Invalidate Caches/Restart
5. Restarted Android studio with the clean build, also removed extra jars in .idea folder

Please advise if i need to remvoe something from the SDK: C:\Users\USER_NAME\AppData\Local\Android\sdk

Here is app/build.gradle file of my application

apply plugin: 'com.android.application'

android {
    compileSdkVersion 26
    buildToolsVersion '26.0.2'
    defaultConfig {
        applicationId 'Shah.Jee'
        minSdkVersion 15
        targetSdkVersion 26
        versionCode 1
        versionName "1.0"
        multiDexEnabled true
    }
    buildTypes {
        release {
            minifyEnabled false
            proguardFiles getDefaultProguardFile('proguard-android.txt'), 'proguard-rules.pro'
        }
    }
    productFlavors {
    }

}

dependencies {
    compile fileTree(include: ['*.jar'], dir: 'libs')

    compile 'com.android.support:appcompat-v7:26.0.2'
    /*
    compile files('libs/android-support-v4.jar')
    compile 'com.android.support:support-v4:26.0.2'
    compile 'com.android.support.constraint:constraint-layout:1.0.2'
    compile 'com.android.support:design:26.0.2'*/
    compile 'commons-lang:commons-lang:2.6'
    compile 'com.github.bumptech.glide:glide:4.2.0'
    compile 'com.google.android.exoplayer:exoplayer:r2.4.0'
    compile 'com.google.android.exoplayer:exoplayer-core:r2.4.0'
    compile 'com.google.android.exoplayer:exoplayer-dash:r2.4.0'
    compile 'com.google.android.exoplayer:exoplayer-hls:r2.4.0'
    compile 'com.google.android.exoplayer:exoplayer-smoothstreaming:r2.4.0'
    compile 'com.google.android.exoplayer:exoplayer-ui:r2.4.0'
    testCompile 'junit:junit:4.12'
    compile project(':picasso-2.5.2')
}

Need a quick advise if I'm missing something. Thanks in advance.