91 Fourtrax with no brakes

Hey gang,

I recently bought an old 1991 Honda Fourtrax TRX300FW, and it doesn’t have brakes. The foot brake was connected to the rear drum, but didn’t work at all. I opened the rear drum today and it was full of rust, including the break panel. There is no right hand brake lever, and the left brake lever just flaps in the breeze. Looks like everything external to the front break plates have been removed as well, including the hoses.

What advice do you guys have as far as getting some breaks working on this atv (that won’t cost an arm and a leg)?

What about a disc break conversion kit?

Thanks,
Keith