Note: For this type of problem we will be using these properties from right to left.
The argument of the log in the numerator is a product. For this we will use the first property to split it into two logs:
The second log in the numerator and the log in the denominator have exponents on their arguments. We will use the third property to move the exponents out in front:
This may be an acceptable answer. All the logs are logs of 4, x or y. But it does involve a quotient which your instructions did not include. There's no way to eliminate the quotient so I hope you just forgot to include it.
The expression does have a fraction, 1/4, within a larger fraction. This is not always an acceptable form for an answer. We could get a better form for the answer by multiplying the numerator and denominator by 4:
Multiplying (using the Distributive Property on top) we get: