Hmm that's a tough one, I don't know how to judge that. I guess it's either white, black and then all shades of grey cover 3 colors or just 1. I don't know if it's "correct" but I would lean towards counting them all as 1, otherwise 4 colors would be quite limiting when using white/black/grey as part of it.
If anyone else has any feedback, please let me know!