R1(config)#ip route 110.1.1.0 255.255.255.0 172.12.123.1 111
The number entered at the very end of the "ip route" command is the AD of that route. If there is an OSPF route for 110.1.1.0 /24, that will be the primary route, and the floating static route will not be used unless the OSPF route is taken out of the routing table.
Floating static routes aren't just a good thing to know for the BSCI exam and your CCNP certification pursuit - they're very practical in the real world as well.
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