If this was my Sofrider II, I would disassemble the bicycle, clean all of the bearings, lubricate, and then reassemble.
Then I would pay attention to the brakes, cables, spokes, pedals, and everything.
But first things first: the boom. The boom (TFT) is dry and stiff.
The axles that the TFT pivots on are split and if the pivot is dry or starved of grease, it will be stiff.
Disassemble and clean the pivots/plain bearings at both ends of the TFT, regrease and reassemble.
Just wipe the dust off of the tubes with a clean dry rag. You really do not want to lubricate the TFT tubes, where the adjustment clamp does its job!
While you're at it, why not service the swingarm bearing? It's the same bearing that the boom (TFT) uses.
Odds are very good that your new-to-you Sofrider hasn't been serviced since it left the factory.