In general the easiest way to get a significant percentage increase in HP (you're asking for a 40% increase) from an engine is to sell it and buy a bigger one.
So, you will be boring it .150" oversize (.075" per side). Make sure the cylinder liners are thick enough to safely take that much out before proceeding. Maybe they are, maybe they aren't, I don't know.
10 pounds of sh-- in a 5 pound bag............. can't work
Also wish I could buy bigger motor buut I belong 25hp club nothing bigger just trying to make this one faster