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Permissions issue with GCP Default Service Account when adding an EC2 instance to a schedule

We are facing a problem with GCP permissions for our service account. When we try to add one of our EC2 instances to a schedule, we get the error message that states the service account has "permissions missing for compute.instances.start".

The role that is assigned to the service account has this permission assigned. 

Also upon going through the Google Cloud documentation, we were told to assign "Compute Instance Admin (v1)" role to the service account. This did not fix the problem. Any thoughts on how to proceed?

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