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Prerequisites:
1. Install Apex Log Analyzer.
https://marketplace.visualstudio.com/items?itemName=financialforce.lana
2. The file extension should be .log.
1. Drag and Drop the downloaded Debug Log into tools –> debug –> logs.
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2. Right Click on the Uploaded Debug Log and use Log: Show Apex Log Analysis.
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Note: If the folders are not present, create the folders in this hierarchical order .sfdx–> tools –> debug –> logs.