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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def wrap_line(line, limit=None, chars=80):
 """Wraps the specified line of text on whitespace to make sure that none of the lines' lengths exceeds 'chars' characters. """

    result = []
    builder = []
    length = 0
    if limit is not None:
        sline = line[0:limit]
    else:
        sline = line
        
    for word in sline.split():
        if length <= chars:
            builder.append(word)
            length += len(word) + 1
        else:
            result.append(' '.join(builder))
            builder = [word]
            length = 0

    result.append(' '.join(builder))
    return result