Walmart offers the Crayola Play'N Fold 2-in-1 Art Studio, model no. 5013, for $24.97. Opt for in-store pickup to avoid the $4.97 shipping charge. That's the lowest price we could find by $4, outside the below offer. (For further comparison, we saw it for $5 less in December.) It converts from a desk to an easel and features elevated storage and a stool.
A close price: Toys"R"Us offers it for $25.99 with free shipping.