This code calculates and plots the histograms of the red, green, and blue channels of an image. It takes an input image, creates histograms for each color channel, scales the histograms to fit within the bounds of an output image, then plots the histograms side by side in the output image. Key steps include extracting each color channel, calculating histograms of each channel, finding the maximum histogram value, scaling histograms based on this maximum, plotting the histograms onto the output image, and saving the final output image.