Problem 9-25 (Algo) Cash flows from operations-Indirect method LO 9-10 The financial statements of Simon Company include the following items (amounts in thousands): Income Statement Net income Depreciation and amortization expense For the Year Ended December 31, 2023 $ 453 327 Balance Sheets Accounts receivable Inventory Accounts payable Income taxes payable Required: At December 31 2023 2022 $111 $ 183 192 22 67 122 146 15 a. Calculate the net cash flow provided by operations for Simon Company for the year ended December 31, 2023. Note: Enter your answer in thousands. (l.e., 20,000 should be entered as 20) 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. a. Net cash provided (used) by operating activities b. Net income and cash flows provided by operations differ