Just put my boat in the water yesterday and pulled it right back out.I have a 1990 4.3 liter mercruiser alpha 1.Put the boat in and it spit and sputter,i shut it down and opened up the hood to find what looks like water and oil mix all over the engine.It was coming out of the carbuerator ,oil hoses.Check the dipstick and nothing but water came out.Something tells me i may have a cracked block or a head gasket gone bad.Any thoughts,and if thats the problem,any ideas on much it would cost to have it fixed.Only had the boat 2 years,would like to keep it.Any help is appreciated.Thank you