ID 559057 - Invert green normal bake option does not work as expected

Problem summary
Invert green normal bake option does not work as expected.
 
Customer reported version
Modo 16.1v8
 
Customer reported platform
Windows 11
 
Steps to reproduce
1) Download the attached file and open it in Modo.

2) Navigate to Games > Baking > Baking Wizard.

3) Set the UV to "UVMap" and the Target Material as "low" then press the Next Step Button.
 
4) Select the "low" mesh as the Target and the "high" mesh as the Source then press the Next Step Button.
 
5) Press the Next Step Button then ensure a Normal Map is made with the "Invert Green" option enabled and another without it enabled.
 
6) Press the "Bake Only" button and observe the two created Normal maps.
 
Expected behavior
The "invert green" normal bake option should alter the normal map.
 
Actual behavior
The "invert green" normal bake option does not alter the normal map.
 
Workaround
Unknown.
 
Reproduced by Support in:
Modo 16.1v8 - Windows 11, macOS 11.7 Big Sur
Modo 15.0v1 - Windows 11, macOS 11.7 Big Sur
 
Earliest version tested
Modo 15.0v1 - This issue appears to be in all tested versions of the product.