Convert existing WordPress site to use Envato/ThemeForest Newpaper Theme and incorporate new logo

We have an existing news-oriented site. We have purchased the Newspaper theme from Envato/ThemeForest and need the site converted to that theme. The theme itself wants to use lots of images, but we need the theme to work with or without images in the news articles and listings. The theme is currently in use but looks awful. We need to add sidebars and put some fake content into those areas if we need to. We also have a new logo and would like to update the site to use the new logo, possibly new header images. The site is http://www.knoxpatch.com.