Extract Even Bits Only from 32-bit Register

Code

#include <stdio.h>
#include <stdint.h>

uint32_t extract_even_bits(uint32_t reg) {
    uint32_t result = 0;
    for (int i=0; i<32; i+=2){
        uint8_t bit = (reg>>i) & 1;
        result |= bit<<(i/2);
    }
    return result;
}

int main() {
    uint32_t reg;
    scanf("%u", &reg);
    printf("%u", extract_even_bits(reg));
    return 0;
}

Solving Approach