Thats probably the problem. It's supposed to be a 1.5" hole on a stage 1. THe picture on Dales site is a different kit in which he gives you a K&N and a modified airbox lid. Is this the kit you bought?(Different kit, I doubt it due to your main jet size) Or did you buy the one we all have which is the first model with the stock airfilter, 1.5" hole cut into the lid? What do the plugs look like? Are they dark and sooty? White and clean? Can the bike drive at all? Maybe taking it for a 20 min drive will at least mark the plugs up enough to read them.
If you cut the box as per the site picture on Dales site you will be super super lean, no wonder you would have a huge hole at 4k rpm. I'm surprised it would even rev up that high with the airbox that open with only 110 jets in there. Pull the spark plugs and see what they are like. I would guess that the airbox is so open there isn't enough fuel getting in there.
Here is a bad ascii diagram of what the airbox should look like with your kit.
---------------------- <----Top of airbox lid
I _ I
I / \ <---- I -------------1.5" hole cut in the top
I \ / I
---------------------
\ /
I _ I
I / \ <--- I ----------------- Factory snorkel left IN(do not remove)
I \ / I
-------------------
Anything larger is going to lean the hell out of the bike. The picture on Dales site is for a different kit altogether. I would guess with that kit the mains would probably be in the 117.5 or 120 range to function correctly. If you are going to pop the stock jets in and plug up all the holes that would be a good time to check the float height. Make sure it's 13mm. In fact before you pop the stockers in there check the float height. Maybe it was like mine which were way too low creating rich loadup at idle. Once set to 13mm all was good.
Remember I'm actually set richer than you and I'm still a little lean up top and I only have a 1 1/4" inch hole in addition to the factory snorkel. You have over double the size! I'm suprised the bike runs at all with that amount of air going in there.
If the airbox lid is totally screwed don't sweat it I think it's like $40 at
www.bikebandit.com but remember to follow the instructions for the kit you have. If you want a tip what I did to reduce the hole on my bike is I got a 2" round rubber washer and just cut out 1 1/4" hole out of it and taped it on there so when I get the new mains I just rip it off to get the full 1.5" since it's only taped on.
I'll tell you what I'll install the 112.5's on my bike tomorrow and I'll do some measuring for you and post it here so you can compare. I wouldn't give up you are basically %90 done you just went a little jihad on the airbox cutting. Try if possible to tape the entire portion of the airbox top so it's closed EXCEPT a 1.5" hole(and the factory snorkle of course) and see how it goes before you do anything else. If you wanted to just tape everything for now except the factory snorkle and see how it runs. It will get rich after a few mins of warming up but if it immediately runs better then you know what the problem is. I would order a new airbox lid so you can cut the proper 1.5" hole in the top, if the old one can't be salvaged.