I refuse to read the gibberish, but if you place a 51K resistor in parallel with a 47K resistor, you will get around 24K resistance. If you use your 1:40 SUT into 24K resistance, you will end up with a phono load of about 15 ohms. In other words, you’re going backwards. I don’t care what the book said. But your cartridge can drive even 15 ohms. So if you do the 51K mod, it will work ok, but the load is not 375 ohms. The only way to increase the resistance of a resistor is to place another resistor in series with that resistor, and obviously you don’t want to do that in this case.
just for the fun of it, if you have an ohm meter, and if you have two 50 K resistors, place them in parallel and measure the resistance across the parallel pair. It will be 25K ohms.
what you could do is replace the 47K load resistance with a 600K load resistor. Then using your 1:40 SUT, the cartridge will see 375 ohms load.