Alright!! Board is (mostly) repaired! Here is what I went through, with the help of a very generous KLOVer who guided me through it.
First off, the inputs at L2 were stuck and not pulsing as they should be. I was instructed to check the bi-polar PROM at P4 for pulsing signals on pins 1-7. They were all stuck low. Reseating the chip fixed this issue and I regained the pulse on the inputs of L2.
So now, the reset line was pulsing. I put the game in test mode and upon powering on, I was greeted to a bright red screen with a loud onslaught of various game noises, eventually turning into a never ending series of tones. In order to figure out why, I had to ground the watchdog to allow the CPU to do its thang. I grounded the WDDIS test point and I get 4 solid tones, indicating bad RAM at K5. I replaced K5 and the game officially boots into test mode, where I am greeted to a ROM 0 error, indicating an error on D1. Reseating the ROM also fixed this issue.
I can now boot into attract mode and the game plays. Well, sorta. Now I come to find my 4584 Hex triggers are DOA and the trackball does not move the archer. This is an easy fix I have done before, but I hope this little repair log will help someone in the future!
Stay tuned for episode 2

I have one more board that needs to be fixed!