Here we have the final product... new modern... better...
We found the replacement hardware at Home Depot for $2.50 each, which was drastically marked down within one day of our first shopping spree. The black and white pattern on the top was originally intended for a runner on the top of our new TV stand. The paint cost roughly around $15.00 updating this piece to match our entire set. We were very happy to see this turn out much better than expected that we decided to buy additional black & white material to complete the runner for a match throughout the family room.
Our next project is to reupholster an old chair that is most likely older than myself but the look and comfort of it cannot be passed up. I think we've had a very productive and enjoyable summer so far, and we're enjoying creating new additions to help furnish our future home.