It has to be 120g because each and every chemical equation has to satisfy the law of conservation of mass, ie sum of mass of products is always equal to the sum of masses of reactants. If reactants=120g, then products=120g
We need to first add both of the solution volumes together 35+115=150. Now we can divide the volume of the ethanol by the total volume 35/150=.233. To double check we can multiply the total volume by the percentage of ethanol by volume we got as a solution 150x.233=35. So the percentage by volume of ethanol in the solution is .233x100=23.3%.