For a recent year, the balance sheet for The Campbell Soup Company (CPB) includes accrued expenses of $561 million. The income before taxes for the year was $1,293 million.

a. Assume the accruals apply to the current year and were not recorded at the end of the year. By how much would income before taxes have been misstated?

b. What is the percentage of the misstatement in (a) to the reported income of $1,293 million? Round to one decimal place.