Here's another way to look at it. I'm not sure what "using exponent rules" means. Maybe this is it.
1 x4
——— divided by ———
x 1
To divide by a fraction, invert the divisor and multiply.
1 1
——— multiplied by ———
x x4
1 1 1 1 1
——— • ——— = ——— = ——— = ———
x x4 x5 (–2)5 –32
.