You can scrape the small squish band out with a wood chisel, then apply adhesive backed sand paper to the old slug and sand the band area to match the piston.
You may be able to sand 20 out and lose your gasket. Watch for a ridge where the chamber meets the sidewall, this can again be scraped out with a chisel.
The only reliable way to measure the transfers is to drop a ring in the cylinder and mount over piston. Turn the saw over to what you think, remove jug and see where the ring falls vs the tranny. Use a pick. It takes trial and error.
I cut the squish bands flat on a lathe and take .060 out. I cut .043 off the piston dome flat and cut around .050 off the base. No gasket.
I’m usually at 105/126/72-4 that way (why my numbers were off above). You won’t get your exhaust that low without the extensive machine work, but you will still have a fine running saw.
Try Ex where it lands (likely 98), 118 uppers and 76-78 on the intake floor. Be careful on the intake floor, as a little goes a long way.