Answer:
v2^2 - v1^2 = 2 g s fundamental formula
v2 = v1 + 2 g = v1 + 19.8 increase in velocity in 2 sec
v1^2 + 39.6 v1 + 392 - v1^2 = 2 * 9.8 * 123.1 = 2412.76
v1 = (2412.76 - 392) / 39.6 = 51.03
v2 = 51.03 + 19.6 = 70.63
T = 70.63 / .8 = 7.207 sec time to fall height of tower
S = 1/2 g T^2 = 4.9 * 7.207^2 = 254.5 m
(Note v2^2 - v1^2 = 70.63^2 - 51.03^2 = 2385 m
2385 / (2 * 9.8) = 122 m (close to 123.1 as was given