Ravi, a 76" prop is indeed 76", at least to start out with. I believe the Sensenich designations use a system where the original length is shown, then "-2" or whatever to indicate it's been shortened. The prop called out in the TCDS entry posted above is a M76AM-2. I found this prop listed in my Univair catalog for a Piper PA-11,O-235 Lycoming 100hp, with the length listed as 74". BTW, standard pitch for that PA-11 airframe/engine combo is 46", no special climb or cruise pitch shown. I think Hartzell or McCauley uses a similar "minus" designation on some of their c/s props.
Is the Lyc O-235 in your 140 installed per the TCDS, or was it done by STC? If by STC, the STC paperwork should call out the approved prop(s) and static rpm limits.
(It's all about as clear as mud, I know-- a guy just about needs a Philadelphia lawyer just to figger out what propeller he needs to have.

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FWIW, a friend of mine's theory on prop pitch is that the airplane should turn redline or a bit above at sea level, wide f***in' open in level flight. I tend to agree with him. If you can't get near redline in level flight, flatten her out. If static rpm's a bit higher than spec'd, oh well- can't win 'em all.
The prop shop usually doesn't want to hear what itch (in inches) you want for a repitch-- they just want to know how much more rpm you want. Like I said before, I think 2" of twist is good for about 100 rpm.
Eric