To color and label the parts of the bone as mentioned in the question, you can follow these steps:
1. Periosteum: Color the outer layer of the bone, which is the periosteum. Label it as "Periosteum."
2. Spongy Bone: Color the inner layer that appears like a sponge with small holes. Label it as "Spongy Bone."
3. Red Marrow: Color the soft tissue found within the small holes of the spongy bone. Label it as "Red Marrow."
4. Yellow Marrow: Color the fatty tissue found in the cavities of the bone. Label it as "Yellow Marrow."
5. Compact Bone: Color the dense, hard outer layer of the bone. Label it as "Compact Bone."
By following these steps, you can effectively color and label the different parts of the bone, helping you understand the structure and composition of bones better.