Got a project 89 LX need some help

[Luker]

UPDATE:

Well i sold the 89 LX and got a 89 black gt with only 100k original miles. I rebuilt the lower end and went with a .40 bore (got it for free heh) now i ordered the Trickflow top end kit wich we will start putting togther tommorow.

Also got a holley 155 pump, 24lbs injectors, 70mm trot body, 73mm MAF, BBK Cold air intake. MSD electrical stuff and Longtube headers.

Also upgraded my rear end with some upper and lower control arms, Subframe connectors, Ford racing traction loc and some drag shocks.
This will be my daily driver but i would like to take it to the track sometimes, what gears do you recommend 4.10s or 3.73s?

How much hp can i expect when im done?

Thanks