How to replace timing chain on 87 Big Bear 350?

I bought the atv listed in the subject line. The motor wouldn’t turn over so I started checking it tonight. I removed the cover for the timing chain and the chain was very loose. To the extent that it had gouged the case in a couple of places. I put a socket on it and it turn right over and the engine wasn’t seized anymore. Now I either need to tighten the timing chain ( doesn’t look worn) or replace it. I also need to know how to time it now, I figure the chain skipped while it was this loose.

Any help appreciated.

Bob