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P.C.M. - 40 Slipping?

MB2001Idaho

New member
I have a 2001 MB Sports Boss with a Pleasure Craft Marine - 40 Transmission. Today it started slipping and when I lifted the engine cover I had a fair amount of oil in the bottom of the boat. I checked the fluid level and it seemed to be fine. I noticed there's some sort of breather cap that's on the top of the tranny. Oil seemed to be leaking out of there. Can anyone point me in the right direction?
 
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