Just a quick question, As I am cleaning all the grime off this A-arm, I see that there is a pinkish -red paint on the corner of it. Does anyone know if it was factory and why?
Welcome to the site!
The paint mark you found is a assembly line inspection mark or "paint daub". As you take the car farther apart you will undoubtedly find many more. I have a 79 Monte Carlo that is loaded with them including on the brake booster, rear backing plates, rear axle center bore, etc. I also found many crayon or grease pencil marks on this car.