Just wanted to update this thread and thank all for their suggestions!
I did the following:
Cleaned Carburetor jets, needle, exterior
Replaced intake manifold seals
replaced carburetor to intake manifold seal
replaced backing plate to carburetor gasket
mixture screw was set at 3 1/2 turns out - reset to 1 1/2 turns out
replaced enrichment cable as original unit was binding
lubricated and adjusted throttle cables
adjusted idle - mixture is fine at 1 1/2 turns out after warming up bike and test riding
The bike is day and night different than before the changes! It appeared that both intake seals were leaking and the backplate to carburetor gasket was torn.
Also, the idle mixture screw was set too rich, probably to compensate for the intake seal leak and backplate gasket leak.