When a merchant imported a certain item, she paid a 7 percent import tax on the portion of the total value of the item in excess of $1,000. If the amount of the import tax that the merchant paid was $110.60, what was the total value of the item?
Choose the correct option
A) $ 2160	B) $ 2370	C) $ 2580	D) $ 2790	E) $ 2950

Rationale: "let x be the value of the item . 0.07 * ( x - 1000 ) = 110.60 x = 2580 the answer is c ."
Answer: C