I bought it used and it was already showing an 86:01 code and had a shredded belt and clogged print heads.
Does the firmware not have to align with whether the printer is an A or B rev?
Yes, and you have Rev B firmware installed (based on the version number TR12 RB_14.0.1.4 you posted above). That it's v14 instead of something later shouldn't be a problem since they had only minor changes.
Ok the 86:01 error existing before the new belt replacement is important info. I mean it was obviously working correctly at one time in order for it to shred the belt -- ie it couldn't have had the 86:01 error before that -- so I'd expect the error arose when the belt failed. Replacing the belt and resetting things should have cleared the 86:01 error, so I don't know why you'd still be getting that.
Do you know if this printer had electronic parts replaced, such as the mainboard / formatter? Wondering because it's acting almost as if it has 24" brains transplanted into a 44" chassis...

But that's probably a little far-fetched since it's usually something simpler than that.
Exactly where/how was the belt damaged? At the motor drive wheel? The tensioner? Pics? Just spitballing if we can figure out where/how the belt failed it might point to a cause of the failure, which might in turn point to the source of the 86:01 error.