I have been going over python tutorials in this resource. Everything is pretty clear in the below code which counts number of characters. Only section that i dont understand is the section where count assigned to a list and multiplied by 120. Can anyone explain what is the purpose of this in plain english please.

def display(i):
    if i == 10: return 'LF'
    if i == 13: return 'CR'
    if i == 32: return 'SPACE'
    return chr(i)

infile = open('alice_in_wonderland.txt', 'r')
text = infile.read()
infile.close()

counts = 128 * [0]

for letter in text:
    counts[ord(letter)] += 1

outfile = open('alice_counts.dat', 'w')
outfile.write("%-12s%s\n" % ("Character", "Count"))
outfile.write("=================\n")

for i in range(len(counts)):
    if counts[i]:
        outfile.write("%-12s%d\n" % (display(i), counts[i]))

outfile.close()