Unable to upload the webp images in small image section of blogs

Issue

• Whenever the user tries to upload the .webp images in a small section of the blog, the following error is showing on the UI:
  

  An error occurred while scaling the abstract image." message on UI 

Steps to reproduce:

1. Start the server.
2. Configure blogs to allow the use of .webp images by adding the mime type in System Settings > Blogs > File Uploads.
3. Navigate to the Site menu > Content & Data > Blogs.
4. Add a new blog entry, and fill in the necessary details.
5. Under the configuration section, add a new .webp image in the 'small image' section.
6. Click on 'Publish'.

Expected Behavior: The user must be able to publish the blog.
Observed Behavior: It shows the 'Error: An error occurred while scaling the abstract image' on the UI.

Environment

• Liferay DXP 7.4

Resolution

• The observed behavior is a known bug that has already been addressed in Liferay DXP 7.4 update 85.
• Kindly, install and enable the ImagicMagick on the portal, which provides faster and higher-quality previews and conversions and supports more image file types: Configuring External Services

Additional Information

• Installing Fix Packs and Hotfixes on Liferay DXP 
• LPS-190961