Lai Xiaodong, a 22-year-old college-educated man, accepted a job at Foxconn Technology (where the iPad was being produced for Apple) in Chengdu, China, for $22 a day at 12 hours a day, 6 days a week. A company perk included company housing in dorms for the 70,000 employees. It was common for 20 people to be assigned to the same three-bedroom apartment. What were Lai's hourly (rounded to the nearest cent), weekly, and annual gross pay?