Why wouldn't you just use the stock fuel pump? If I'm reading the parts book right, GM #6471180 is listed for 1977 K-20 w/350, 400 w/4BC, w/AT. It's like 27 bucks at rockauto.com. You're not going to pull more fuel than a 400, right?
BTW, pix on the net show this as having the return line...