Hello, chiurox!
Galactus gave you the three rules: \(\displaystyle \:\begin{array}{cccc}\log(A)\,+\log(B) & = & \log(A\cdot B) & \;[1] \\ \log(A)\,-\,\log(B) & = & \log\left(\frac{A}{B}\right) &\;[2]\\ n\cdot\log(A) & = & \log\left(A^n\right) & \;[3] \end{array}\)
We have: \(\displaystyle \:\frac{1}{2}\cdot\ln(x^2\,+\,1)\,-\,4\cdot\ln\left(\frac{1}{2}\right)\,-\,\frac{1}{2}\underbrace{\left[\ln(x\,-\,4)\,+\,\ln(x)\right]}\)
Using [1]: \(\displaystyle \:\frac{1}{2}\cdot\ln(x^2\,+\,1)\,-\,4\cdot\ln\left(\frac{1}{2}\right)\,-\,\frac{1}{2}\cdot\ln\left[x(x\,-\,4)\right]\)
Using [3]: \(\displaystyle \:\ln(x^2\,+\,1)^{\frac{1}{2}}\,-\,\ln\left(\frac{1}{2}\right)^4\,-\,\ln\left[x(x\,-\,4)\right]^{\frac{1}{2}}\)
. . . . . . \(\displaystyle =\;\underbrace{\ln(x^2\,+\,1)^{\frac{1}{2}}\,-\,\ln\left(\frac{1}{16}\right)}\,-\,\ln\left[x(x\,-\,4)\right]^{\frac{1}{2}}\)
Using [2]: \(\displaystyle \;\;\ln\left[\frac{(x^2\,+\,1)^{\frac{1}{2}}} {\frac{1}{16}}\right] \,-\,\ln\left[x(x\,-\,4)\right]^{\frac{1}{2}}\)
. . . . . . . \(\displaystyle =\;\ln\left[16\left(x^2\,+\,1\right)^{\frac{1}{2}}\right]\,-\,\ln\left[x(x\,-\,4)\right]^{\frac{1}{2}}\)
Using [2]: \(\displaystyle \;\;\L\ln\left(\frac{16(x^2+1)^{\frac{1}{2}}}{\left[x(x\,-\,4)\right]^{\frac{1}{2}}}\right)\)