My book says .0256" BTDC measured at retard. Your info must be in advanced position.
Point gap .012 - .016"
There is supposed to be a stationary mark on the block at base of cylinder and two holes in flywheel plate at outer rim. One hole, the left one should line up with piston at TDC and the right one at 10 deg. BTDC this is the one you should use with a timing light or buzzer.
Hope some of this helps.