Can't return a components color to default

I have tried the methods listed on previous posts regarding this issue, but can’t seem to make it work in my model. When I copy and paste just the group that contains the component I want to apply the default colors, it works, but not in the main model. I don’t want to delete the paint type in the paint attributes as I want to maintain it in other components. I tried applying just white to the component, then selected the default ‘dive flag’, which returned it to the wood grain. What am I missing here?
Color test.skp (684.4 KB)

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Gracias!