To simplify the given expression, we can combine the exponents of x. When we multiply x^32 with x^4, we add the exponents, which gives us x^(32+4) = x^36. Similarly, when we multiply x^(-4) with x^12, we add the exponents, which gives us x^(-4+12) = x^8. Finally, when we multiply x^36 with x^8, we add the exponents, which gives us x^(36+8) = x^44. However, since the answer provided is x^12, it seems like there might be a mistake or missing information in the question.