Which of the following is using the product rule of exponents correctly

5^3 × 5^7 = 5^21
12^6 × 12^-5= 12
8^2 × 8^10 = 16^12
32^6 × 32^3 = 32^3

The correct usage of the product rule of exponents is:

5^3 × 5^7 = 5^10