Fixing An error occurred while installing tiny_tds (2.1.5), and Bundler cannot continue on Mac with M1

On mac with m1, an error occurred while updating ruby gems - An error occurred while installing tiny_tds (2.1.5), and Bundler cannot continue. To fix it, do the following:

brew install freetds

and

gem install tiny_tds -v 2.1.5 -- --with-freetds-include=/opt/homebrew/include --with-freetds-lib=/opt/homebrew/lib

Pay attention to the library version.