Extract Even Bits Only from 32-bit Register

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

uint32_t extract_even_bits(uint32_t reg) {
    // Your code here
    uint32_t result =0;
    int p=0;
    for(int i=0;i<=31;i=i+2){
        int bit = (reg >>i)&1;
        result =result|bit<<p;
        p++;
    }
    return result;
}

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

Solving Approach