In 86 there was a rating of 300hp for notched transom. The boat could be ordered with a bracket or the OMC sterndrive relic but there was no rating for max hp. I would assume that the bracketed boat would have same max rating, but who knows.
In 87 there was a 300hp rating for notched transom as well as bracketed and lower for I/O and of course the boat could be ordered with single or dual bracket.
Prior to 87 the transom had a piece of steel from port to stb. again assuming it was for the added weight of the omc drive/bracket and engine sitting farther from transom, and that rusted. My buddy had either an 85 or 86.
In 87 (mine) it looks to be an incapsulated 2 by 4 from port to stb. again for reasons above.
In 1990 my scuppers went from above the waterline (single bracket/engine) to below with duals and it's been that way since. I struggled with this thought for awhile but after periodic removal of the thru-transom assembly, I've had no problems. If it eases your mind, look at older Gulfstreams with duals on a bracket and you'll see the same. And I don't think there's a way to raise the thru-hull, cockpit water won't drain. Only thing I ever thought of was to put some type of check valve in line but never fooled with it.
If you have the livewell under the cutting bd. lift it out and check, or the seat covers.