Xcode Simulator doesn't work on an M1 Mac in Native builds

I got this error…

ld: in /Users/chris/Library/Application Support/Corona/Native/Corona/ios/lib/libplayer.a(Rtt_IPhoneTemplate-Sub.o), building for iOS Simulator, but linking in object file built for iOS, file ‘/Users/chris/Library/Application Support/Corona/Native/Corona/ios/lib/libplayer.a’ for architecture arm64