3.07 was probably one of the more popular gear ratio's put in the 4wd trucks that came with a TH350. They did put some higher numbers of 3.73's in the 700r4 trucks but 3.07's were still more popular by a wide margin. If you are doing maintenance you should plan on changing the rear diff fluid, so you might as well get you some replacement gear oil and a gasket for each diff, plus some RTV, and have at it. While in there you can spin the diff around, check out the numbers, do the math, and also determine if you have an open diff or whatever going on in there. There's really no way to tell without actually seeing the gears at this point. EVen if you had the RPO code's and other info a previous owner could have changed the gears out.