We can rearrange the polynomial as follows:
$$ P(x) = x^4 - 2x^3 - 8x + 16. $$
We can group the terms to factor by pairs:
$$ P(x) = (x^4 - 2x^3) + (-8x + 16). $$
Step 2: Factor out the common terms in each group
From the first group, $(x^4 - 2x^3)$, factor out
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