Wet Dog Perfume Company (WDPC), a profit-making company, purchased a process line for $131.000 and spent another $12,000 on its installation. The line was commissioned in January 2014, and it falls into the MACRS seven-year class life. Applicable income tax rate for WDPC is 40 percent, and there is no investment tax credit. Calculate the following: 2015 depreciation expense for this process line Amount of tax savings due to this investment