The income statement for Muckey Inc. (Muckey) for the month ended April 30, 2021, is as follows:

Sales (112,500 units) $1,462,500

Variable cost of goods sold

Beginning inventory 156,250

Variable manufacturing overhead 500,000

Ending inventory (93,750) 562,500

Variable selling expense 112,500

Contribution margin 787,500

Fixed manufacturing overhead 300,000

Fixed selling expense 112,500

Net income $ 375,000

Muckey's variable production costs per unit and total fixed costs were consistent with costs in the first quarter of 2021. Muckey manufactured 100,000 units in April 2021.

a) Calculate Muckey's ending inventory (in dollars) at April 30, 2021, using absorption costing.

b) Calculate Muckey's net income for April 2021 using absorption costing.