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 2017, and it falls into the MACRS seven-year class life. Applicable income tax rate for WDPC is 25 percent, and there is no investment tax credit. Calculate the following:

a. 2018 depreciation expense for this process line

b. Amount of tax savings due to this investment