Henry is right. The M2 is the sport jet. AND, when ordering parts... USE YOUR ENGINE S/N !!
BUT..........
there are 2 different 240 EFI engines.
From Mercury... in 2001-1/2, they changed the engine significantly. It has a totally different electronic, fuel, and oiling system. Even thought the change was late 2001... I've seen seadoo boats that are 2003 MY that still have the old engine. (Seadoo had a surplus of the engiens in house)
So... the quick and dirty check is the top engine cover. If it's round, and just covers the flywheel... it's the early engine. If it's big, and more rectangle shaped... it's the newer one.
If the cover is missing, or you suspect someone has just changed parts... then look under the cover. If you have an alternator, driven by a belt... it's the newer engine. (The older engine has a MAG charging system)