A new SBC should have 150 psi compression. Anything much above 150 is saying the gauge is bad or there is some kind of liquid in the cylinder (water or gas).
A old motor should have no more then 10% between the high and low cylinder. Your high is 180 so -18 = 162. Your low is 138 so its way off, your numbers are to far apart.
To do a compression test, the motor should be warm, all plugs removed, ignition coil disabled and throttle at WOT.
Suggest do it again with another gauge, or if it was done correctly I would walk away from the motor because it needs help
Think the boat at 12K dry weight needs 5.7's