yep, could be any of a few things.
here is what I would check..
with the mic out of the radio, measure the voltage at
TR21-base. it should be "high" about 8 V
if not, then find out why. maybe C117 is bad as mentioned.
And it sounds like you have about 8 V a TR21-collector if it is
in TX all the time.
if TR21 is bad, cut it off board, to be able to receive again.
..