Well I'll answer, but only since we Yorkshiremen have to stick together.
If the output gear were twice the size of the input gear, the torque would be doubled (speed would be halved) as per my second equation. Because the gears are the same size, the speed of the output gear is the same as that of the input gear, and torque is not increased. In fact, you lose a bit of torque to mechanical losses.
I still can't see how the torque multiplier works, but to achieve 12,000ft-lbs at your output shaft, and your torque multiplier is 125:1, then the input torque will be 12,000 / 125, or 12,000 x 125, depending on which way round your torque multiplier multiplies. The input torque would be a little over 96ft-lbs or 1,500,000ft-lbs respectively.
The first formula I quoted only applies if you are dealing with a force, not a torque.
Just got to nip out to feed the ferret
I do hope that's not a euphemism.