This was a real low point and I probably should have started here. After removing the fiberglass cap over the transom, we noticed some soft wood which is indicative of rot. I thought that due to the age of the boat, the whole transom would be rotted and we would then have to decide whether to continue with the project or not. A few exploratory holes showed the rot was limited to the top part and was not too bad It was limited to a few inches down and on the outer piece of plywood. After cutting the plywood away, we noticed that the two peices of 3/4 ply that made up the transom were not glued together. Here we are prying the two pieces apart. We mixed up about 3 ounces of epoxy and poured it into the space. We used clamps and screws to join the plywood. Once dry it was really solid!