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No. The bore size is different between a 305 and 350. The 350 bore size is larger.
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Just pull the camshaft gear of it should be just 3 bolts
Th700-r4
Chevy-GM 5.0 liter is 305 CID.
The bore and stroke is---3.740 bore and 3.480 stroke. STOCK 305
A 5.0L would equal a 305 cu.in.
it is a 700r4
Weak oil pump? Clogged oil screen?
YES
YES.