Anthony....might need time from work. With water on plugs, its leak'n, if not cracked somewhere. Do compression test first, dont have a gauge, Harbor Freight has one for 5 buks. 150psi is ideal., if acceptable, then i'd order a gasket kit(topend)...parkeryamaha.com, seadoosource.com, babbitsonline.com. At that point, i'd then order a carb kit as well, same place/s...your specs are...1992 GTS 587 270500152(carb #)-BN-38 (SB) MAIN-125 PILOT-67.5 2.0n/s 22 - 29psi LOW- 1 HIGH- 0.