A moral dilemma

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I'll be the first to differ with the first few responses. I think you at least need to sit down with your folks and have a talk. Obviously there are a million variables at play here, but at least on the surface my gut reaction is to have an honest face to face discussion with them. You certainly don't "owe" your mom new furniture on a monthly basis.

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I agree with this entirely. If you don't have some kind of talk now, you'll have to do it later when it'll be much more awkward. If they needed the money for necessities, I'd be much more generous, but it sounds like they're more than just that.