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bid timing

There is an item being auctioned that I want that is at $100.00. Assume it has no other bidders than Mr.1Bid and me. I snipe for $125 and 30 seconds. Mr.1Bid also snipes, but for $120 and 10 seconds.
Question:Who gets the item? At 30 seconds AS sends my bid and I am high by the next bid increment (suppose $105). At 10 seconds the other snipe is sent and it shows a bid $20 higher than mine.
I suspect you've amswered this before, but I didn't find it.

I need a new verification email from you.
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