Color Palette: Blue Orange White Wood

1. Color Name: Dark Blue
   Hex Code: 
                            
                            #00008B
                        
   Description: Dark Blue represents depth and tranquility, adding a sense of calmness to the living room. It can be used as an accent color for furniture or decorative elements.

2. Color Name: Burnt Orange
   Hex Code: 
                            
                            #CC5500
                        
   Description: Burnt Orange brings warmth and energy to the living room. It can be used for upholstery or as a pop of color in cushions or curtains.

3. Color Name: Ivory
   Hex Code: 
                            
                            #FFFFF0
                        
   Description: Ivory is a soft white color that adds elegance and sophistication to the living room. It can be used as the main color for walls or large furniture pieces.

4. Color Name: Light Wood
   Hex Code: 
                            
                            #D2B48C
                        
   Description: Light Wood tones bring a natural and organic feel to the living room. It can be used for flooring, coffee tables, or accent pieces to create a warm and inviting atmosphere.

This color palette combines shades of blue, orange, white, and light wood to create a harmonious and balanced living room. The dark blue and burnt orange provide a vibrant contrast, while the ivory and light wood add a touch of serenity and nature.