If you are very sure no water got inside the engine...ie no overfilled oil and no milky oil, then its probably all clutch and belt related. If you had lots of junk get in, then just draining it won't do. You will have to remove each clutch, break them down and clean every part as well as scotchbrite the sheave surfaces. Now the belt. Although it had water and muck in it it will have slipped on those sheaves glazing the contact surfaces..possibly beyond repair but after verifying the thickness is still in range, try and scotchbrite it's contact surfaces as well and wipe down with a clean, soft cotton rag and either acetone or lacquer thinner. No lubricants on any part of either clutch.