Penn 440ss problem

I picked the reel up at a yard sale last Saturday for $5. The problem is the bail. The reel is in good shape and doesnt look like it had amd saltwater use. When I manually flip the bail, like I was going go cast, it locks into place but when I turn the handle to engage the reel the bail barely moves, goes straight up and down, and just spins when I reel. Anyone know whats broken or what I need to replace?

Could be a couple of things. 1st could be the bail spring. 32-440 Next, could be the where the trip lever is. Opposite side from bail spring. These graphite reels have had a problem with the peg that that part sits on will break off. Hopefully that is not the problem cause you will have to get another rotor if it is.