The broken wire is either the "hot" audio output lead or the switched lead to the speaker. (The earphone jack has an integrated switch that cuts out the speaker when the earphone is plugged in.) If you have an earphone, plug it in and see if you get sound. If you do, the broken wire is the one that goes to the speaker. If not, it is the one that goes to the audio output transformer secondary.
Check the speaker to see if it has two wires soldered to it. If not, the "empty" terminal is the one your wire goes to.
If no luck there, try to find the audio output transformer on the PC board. There should be a broken-off wire stub in its vicinity coming out of the PC board. You may have to disassemble the unit and use a magnifying glass to find it.