That will work but will be somewhat noisy.
If you want it perfect you'll need to remove the pinion bearing and install a .020" or so shim to get that pinion depth perfect.
The target is to get the pattern on both sides of the tooth to be in the same relative position heel to toe. With the coast side being so far in and the drive side a little far out I'd guess you'd need about another .008" to get it right on the money. Just make sure you have enough clearance between the head of the pinion and boss for the pinion pilot bearing.

So you're saying put a shim under the pinion bearing then press it back and then put a shim under pinion carrier to correct the low coast side.
