4 malonyl-CoA + 4 H(+) => (3,5-dihydroxyphenyl)acetyl-CoA + 4 CO2 + 3 CoA + H2O
4 malonyl-coa + 4 h(+) => (3,5-dihydroxyphenyl)acetyl-coa + 4 co2 + 3 coa + h2o
4 malonyl-CoA + 4 H(+) => (3,5-dihydroxyphenyl)acetyl-CoA + 4 CO2 + 3 CoA + H2O
4 malonyl-coa + 4 h(+) => (3,5-dihydroxyphenyl)acetyl-coa + 4 co2 + 3 coa + h2o