We have the formula,
$$ F_{\textrm{buoyancy}} = \rho_{\textrm{fluid}}V_{\textrm{disp}}g, $$
where $g$ is the acceleration due to gravity. This will give us the force pushed upwards on the boat when it is in the water.
Now for an ideal floating scenario the boat is in static equilibrium, meaning acceleration is $0$, which shows $a=0 \implies \sum F = 0$. The boat should only have two forces acting on it: gravity and buoyancy.
$$ \begin{align*} \sum F &= W-F_{\textrm{buoyancy}} \\
0 &= m_{\textrm{net}} g - \rho_{\textrm{fluid}}V_{\textrm{disp}}g \\
m_{\textrm{boat}} + m_{\textrm{contents}} &= \rho_{\textrm{fluid}}V_{\textrm{disp}} \\
m_{\textrm{contents}} &= \rho_{\textrm{fluid}}V_{\textrm{disp}} - m_{\textrm{boat}} \\
\end{align*} $$
This presents us with an equation for the mass of the contents. Note how you're given the weight (lbs), not the mass (slugs), so multiply both sides by $g \approx 32.2 \frac{\textrm{ft}}{\textrm{s}^2}$ to obtain the equation in terms of weight.
Note: This gives us the exact weight that will result in equilibrium, any more and the boat will begin to sink so it is beneficial to include a safety factor (i.e. replace $V_{\textrm{disp}}$ with $0.6V_{\textrm{disp}}$ or something similar).