The document describes a Java program to create a color palette applet with the following features:
1. Create a matrix of buttons to display a color palette.
2. Allow the user to select a color from the palette to set the background or foreground of a text area control.
3. Use a checkbox control as radio buttons to select whether the selected color sets the background or foreground.
The algorithm defines the necessary classes and objects, adds the controls to the applet using init(), arranges the controls with setBounds(), sets button backgrounds with setBackground(), adds listeners, and conditionally sets the text area background or foreground based on the checkbox selection.