One Man's Trash is Another Woman's Treasure

My new project....

I am not too ashamed to take something from my neighbor's trash pile, as I did this morning. So, thank you, neighbor! (Please don't ask for this back after I make it really cute!) I am trying to decide what to do with this before I begin. I think I am going to use it as a folding table in my laundry room, but it could also go in my sewing nook. Hmmmmm....the possibilities! I might paint it black...or red...or turquoise. Any suggestions? Any advice on how to restore the top? It is warped from water damage. I will be sure to post a pic when I am finished. I am in the process of planning my daughter's 2nd birthday party....so, this project may have to wait about 3-4 weeks. I am anxious to see it dolled up!