Given what we know, we can confirm that due to its relatively low image quality, any memory card with at least one MB will be sufficient to hold the 120 images taken.
The photos are taken at 8 megapixels, with each one occupying 14 bits of information. A megabit consists of one million bits of potential storage. Therefore, the 120 pictures will occupy roughly 1% of the available storage of a 1 MB memory card.
Therefore, we can confirm that due to its relatively low image quality, any memory card with at least one MB will be sufficient to hold the 120 images taken.
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