If the injectors came from an '85 RWD model, they're for an HT4100. The '86 RWD had a carbureted Olds V8.
The inductive timing light shows there's some current in the ignition wires, but it doesn't mean a spark is occurring in the combustion chamber. The ignition energy will find the easiest path to ground, which could be the carbon coating on the insulator. You should clean the plugs thoroughly or install a new set.
Did you test the MAP by direct measurements or did you monitor the ECM data via the OBD?
If all the inputs are correct, the fault may be in the ECM hardware. A used one should be inexpensive; remember to transfer the Memcal/Calpak.