Like most bikes of the last 30-40 years, there's no distributor!
You have a crank trigger & ignition box (which are obviously working since it runs), and two coils. One coil sparks cylinders 1 & 4, the other one sparks 2 & 3. (They spark every time the piston approaches TDC, meaning they spark on the power stroke and the top of the exhaust stroke.) The coils are obviously working since only one cylinder is dead. This leaves us with it being a plug wire - swap 1 & 4 and see if the problem follows, or a bad plug - swap plugs 3 & 4 and see if the problem follows. If the problem moves, you've found the offending part. If #4 is still dead, then there's either a carb problem or compression loss great enough to cause power loss.