the TL431 sets up a reference voltage of 2.5V, and another 2.5V is across R7 and the opto LED. if the TL431 is shorted A-K, the LED turns on when the 5V rail is 2.5V. all of the other output voltages will be reduced proportionally (50%). the pinout of the TL431 is 1) REF, 2) Anode, 3) Cathode. since the TL431 CAN fail "dynamically" (i.e. shows ok with an ohmmeter, but fails with voltage applied) the way to check it is measure across C20 when the supply is operating, and a normal reading will be 2.5V, and will read near zero if it's bad. the other thing that will cause the supply would be a short on one of the rails. that usually shows up as most of the rails at reduced voltage, and the supply in burst or chirp mode, AND one of the rails having a disproportionally low voltage (i.e. all the rail voltages at 50% and one at near 0V). the one near 0V will be the one with the short. a third possibility is one of the small electrolytics on the primary side (C5 or "the other" C3 which is connected to the transistor side of the opto) is dried out and has high ESR.