33 Required Casane the net cash flow provided by operations for Simon Co. for the year ended December 31, 2020 (Enter your answer in thousands e, 20.000 should be entered es 201) b. Net income and cash flows provided by operations may differ because of the timing of cash receipts and payments versus the timing of recognition on the income statement. True O False 33 72 Required Calculate the net cash Now provided by operations for Simon Co. for the year ended December 31, 2020, (Enter your answer in thousands pe 20.000 should be entered as 201) b. Net income and cash flows provided by operations may differ because of the timing of cash receipts and payments versus the timing of recognition on the income statement O True O False 83 The encal statements of Simon Co include the following items amounts in thousands Statement Depreciation and amortization expense At December 31 Balance Sheets 2020 2019 Accounts receivable 3305 $383 Inventory 205 147 Accounts payable 72 361 Income taxes payable 85 16 for the your ta December 11, 2030 5455 338 Required: a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2020. (Enter your answer in thousands. (ie., 20,000 should be entered as 20)) Net cash provided (used) by operating activities et income and cash flows provided by operations may differ because of the timing of cash receipts and payments vers 33 The financial statements of Simon Co. include the following items (amounts in thousands) Income Statement Net Income Depreciation and amortization expense For the Year Ended December 31, 2020 $453 310 At December 31 Balance Sheets 2020 2019 51.36 Accounts receivable $105 5103 Inventory 105 147 Accounts payable 72 161 Income taxes payable. 05 16 Required: a. Calculate the net cash flow provided by operations for Simon Co. for the year ended December 31, 2020. (Enter your answer in thousands. (i.e., 20,000 should be entered as 20)) Net cash provided (used) by operating activities b. Net income and cash flows provided by operations may differ because of the timing of cash receipts and payments versus the timing of recognition on the income statement O True O False