Hello, new to boating. I have a 1985, 16ft Melhart with a 3.0l 140hp I/O mercruiser I'm get 5000 rpms at wot and only going 29/30 mph. Is this normal? I have 3 people in the boat at that time and 1/4 tank of fuel. I have a 3 blade, 15 pitch prop. I have done a check compression and readings are 114/110/112/110. Other friends seem to be getting around 40 mph with the same engine, length of boat, and prop. Is there any improvments i could make to increase speed or anything else to check. I have thought about changing the prop to a 17 pitch and adding a hydrofoil. Does compression seem normal or worn out. The engine is not the original engine. It came from a late 70's boat and also outdrive is a 1 drive, also from the late 70's.