Mmmmm, more like... F/O... $69,000. Divide that by 52 weeks per year, and then by 45 hours per week (thinking max duty would be around the 90 hour mark for a two week period), and the total is more like around $29.49 per duty hour.
Captain is more like $49.15 per duty hour.
Much better money than hanging off a shovel or the handle of a hot saucepan wouldn't you say?