Rows Select the number of rows you initially want in the table (you can add more later).
Columns Select the number of columns you initially want in the table (you can add more later).
Border Select if you wish the table to have borders between the cells.
Color You can select a color for the table borders with the Choose color.. button. Using the same compiled output file, a black and white user will see a black table borders, and color users see the colored table borders. Grayscale users will see the table borders in whichever shade of gray most closely resembles the color.
Beginner tip: Be sure to checkmark the Use enhanced table support on the Channel Dialog Formatting Tab in order to get better looking tables.