I go fishing with a cousin that has a 40 merc that runs rough. We ran some sea foam through it and on checking the temp of the heads, both with a temp gun and putting my hand on the head right side of the plugs it is cool to the touch. (around 74 degrees after running 15 mins)Checking the tempo of the exhaust shows cool water coming out of the through hub and the pee stream. Is this normal or do I have a stuck open thermostat? If so where might it be located?