I found this in the manual in reference to the black smoke:
8. BLACK OR GREY SMOKE IN EXHAUST.
Check for improper grade of fuel.
a. If improper grade of fuel, drain fuel tank. Service fuel tank with clean fuel of a proper grade
(TABLE 2-2). Prime engine fuel system in accordance with TM 9-2815-253-24.
b. If proper grade of fuel and trouble persists, notify next higher level of maintenance.
I would agree that the electrical system is working, as there was no evidence of black smoke by using the dead crank switch.
But I am not quite sure of what "Higher Level of maintenance" would mean in your case. I probably would take
m-35tom's offer and check the unit out with him.
Peter