As you mention: Under inversion in a circle centered at the origin ($O$), the image of the $C_i$ is a vertical stack of congruent circles $C^\prime_i$, say, with centers $P_i$ and common radius $k$.
Let $A_i$ and $B_i$ be the points of intersection of line $\overleftrightarrow{OP_i}$ with $C^\prime_i$. Then $\overline{AB}$ is a diameter of $C^\prime_i$, and the inverse $\overline{A^\prime B^\prime}$ is a diameter of $C_i$. (Note: The inverse of $P$ is not the midpoint of the inverted diameter, so no: radius does not map to radius. That's okay; the diameter gets us what we need.) Therefore, conveniently assuming that we've inverted with respect to a unit circle,
$$2r_i = |\overline{OA^\prime_i}| - |\overline{OB^\prime_i}| = \frac{1}{|\overline{OA_i}|}-\frac{1}{|\overline{OB_i}|} = \frac{1}{|\overline{OP_i}|-k}-\frac{1}{|\overline{OP_i}|+k} = \frac{2k}{|\overline{OP_i}|^2-k^2}$$
so that
$$k r^{-1}_i = |\overline{OP_i}|^2-k^2$$
and
$$k \left( r^{-1}_{i} - 3r^{-1}_{i+1} + 3r^{-1}_{i+2} - r^{-1}_{i+3}\right) = |\overline{OP_i}|^2 - 3 |\overline{OP_{i+1}}|^2 + 3 |\overline{OP_{i+2}}|^2 - |\overline{OP_{i+3}}|^2 \qquad (\star)$$
We can write $P_i := (\;h,\;(2i-1)k\;)$, for an appropriate $h$. This gives $$|\overline{OP_i}|^2 = h^2 + ( 2 i - 1 )^2 k^2$$
which, as one can verify, makes the right-hand side of $(\star)$ vanish, proving (a). A counterpart to $(\star)$ proves (b).