Hey there! I recently came across this question myself. The correct order for the problem is:
Step 1:
Select the text you wish to modify.
Step 2:
Select the Home tab.
Step 3:
Locate the Font grouping.
Step 4:
Click the arrow next to the font color icon.
Step 5:
Click on the new font color.
Hope you succeed in passing whatever assignment you're working on!