You were low-balled or have particularly shitty resume. 110k is offer for new grads. The right approach to maximizing offer is to get 5-6 offers, do bidding war between companies you do not want to work for and then ask the company you want to work for to match the highest offer.
They came out and told me they didn't think I had the skill level for the senior position I had applied to, but, they had a junior-level position open at that salary. It's more than I make now, but, I turned it down because it wasn't more enough to count for extra hours they expected, the higher cost of living (or commute), and the possibility of getting eaten by the performance evaluation system (at that time, was still the stack ranking and all the horrors it entailed).