Went to Auto zone this morning and got 4ea speed bleeders, 2 more quarts of DOT 4 brake fluid and 3 ft of clear tubing. Took most of the fluid out of the master cylinder with a turkey baster. Installed the speed bleeders and proceeded to flush the brake system with DOT 4 brake fluid. Here are the results: The fluid that came out was black with a greenish tint. It was not thick so must have been changed by the previous owner sometime in the past. I feel better that it is done. See image link below for what the old fluid looked like.
Good Fluid should be a Pale Yellow or Light Amber.