We determine the multiplicity of the irreducible representation V(n) of the simple Lie algebra sl(2,C) as a direct summand of its fourth exterior power $Lambda^4 V(n)$. The multiplicity is 1 (resp. 2) if and only if n = 4, 6 (resp. n = 8, 10). For these n we determine the multilinear polynomial identities of degree $le 7$ satisfied by the sl(2,C)-invariant alternating quaternary algebra structures obtained from the projections $Lambda^4 V(n) to V(n)$. We represent the polynomial identities as the nullspace of a large integer matrix and use computational linear algebra to find the canonical basis of the nullspace.