60462 Need image cleaned up

Hi, If you look at the file attachment, there is the image of an Emblem for my fraternity. Unfortunately, we have lost all of the originals and this dis-colored and faded copy is all we have left. What I would like for someone to do is to: -remove the image from the existing jpeg. -re-touch it up (make the yellow discoloration white, sharpen the edges, sharpen the color, make sure it's aligned properly, etc.) Basically, make the Emblem look like it is brand new. Then I would like : -multiple sizes of the images in color: small, medium, large (large being approximately the size it is now) -multiple sizes of the images in black in white (same sizes as above, just black and white) -files delivered to me in multiple formats fit for printing, web, etc. I'm not very good with graphics at all so please format the files in whatever formats you think would be proper for us to use the images on t-shirts, websites, etc.