If the foam has crumbled, it's possible that very tiny pieces have fouled the shutter mechanism, which can be very time-consuming to remove. The shutter definitely isn't running correctly, based on the photo that you've posted. However, it's difficult to say if it's pieces of foam, gummed up lubricant or some other issue.
You could try to repair it yourself, although disassembling an SLR can be tricky. Depending on your skill level, you might be able to service it, or you might end up with a box of parts.
Repair manuals for various cameras often turn up on eBay, and I suppose someone might have one available for free, if one exists.
The "kit" lens in the 1970s was a 50mm lens. Anything else was purchased later or as an alternative. Regarding the battery, I thought that by the time Canon was making its various "A" series cameras, the industry had transitioned to the S76 (LR44, lithium equivalent) battery.