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Good. You have a normal 5-sp transmission with the PTO drive installed. Now you need a 540 RPM PTO output assembly for the 5-speed. That's like the one you got from the salvage yard, but the 40 used the 4-speed transmission and that's why it didn't fit your 5-speed housing. The high speed output shaft was 1000 RPM and was an optional unit, only coming standard on the 435 diesel. Since 99% of the PTO implements out there are 540 RPM units, I'd think you'd want the 540 shaft. Now, you can tell if you happen to have a live PTO setup before you get the output shaft. Run the tractor forward and depress the clutch just far enough to lose drive power to the wheels. While holding the clutch pedal in this position, move the PTO engagement lever. If you hear and feel some gears clashing, you have live PTO. If it goes in, or hangs up going in, without hearing a lot of clashing, you do not have live PTO. The live PTO works by allowing the inner clutch to disengage (pedal 1/2 way down) the drive to the transmission input shaft (and to the rear wheels if it's in gear) without losing power to the PTO shaft. If you put the pedal the rest of the way down, you'll disengage the outer clutch and shaft and lose power to the PTO along with power to the wheels. Non-live PTO only has one clutch and shaft, so when you lose power to the wheels, you also lose power to the PTO. This is why the test I described eariler will tell you which PTO you have. I suspect that it isn't live, since that was a special order option on most sub models (which you didn't mention, so I'm presuming it's a standard). As far as I can recall, only the Row-Crop Utility (W sub model) came with the live PTO as standard. Also, if you have a direction reverser option, you can't have live PTO. The reverser replaced the center frame with a mechanism that allows reverse travel in any forward gear by selecting forward or reverse rotation of the transmission input shaft. This means that there was no room for a second clutch and power shaft for a live PTO. It also means that the PTO direction would reverse whenever the machine was backing up! I mention this option because 420/430/440 machines that had the reverser installed were shipped with the PTO output missing due to the thought that these machines would be used with loaders or dozers and not to power PTO implements. I always thought it was really due to that reversing PTO shaft feature. If you have a reverser, you really need to know about this before you find out the hard way! My 420C crawler/dozer has a reverser on it and I have to disengage the PTO lever prior to backing it up when I'm using the bush hog on it (or I'll make a mess out of the bush hog gearbox and maybe my reverser internals!).
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