Code to make buttons change colors on click

I am looking for help for code that when I click a button it says "RED" and also makes the button Red. Then when I click the button again, it displays "WHITE" and makes the button white. And then every time I click the button it just alternates back and forth between Red and White.

Any help would be appreciated
Thanks!

assign this macro to the button

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Wotadude,
Thanks for your help. This is what I needed! I appreciate your time.