Bug Duplicating a project doesn't copy over statuses

We have a template that we use that contains multiple different boards with different set of columns(statuses) for each of them. When you create a new project and use it as a template, it removes all the statuses from the template and just replaces them with the default 3 "to-do, In Progress, Completed" statuses in the newly created project.

This completely defeats the purpose of using another project as a template.