Step 1: Rewrite the logarithmic equation in exponential form
The logarithmic equation \( \log_2 x = 5 \) means that \( x \) is the number whose logarithm base 2 equals 5. By the definition of logarithms, we can convert this into an exponential equation:
\[
x = 2^5
\]
Step 2: Solve for \( x \)
\[
x = 2^5 = 32
\]
Answer: Therefore, the value of \( x \) is \( 32 \). So, the correct answer is option (1).