(B) The enzyme enolase catalyzes the conversion of $2-phosphoglycerate$ $(2-PGA)$ into $phosphoenolpyruvate$ $(PEP)$ during the process of glycolysis.

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(B) The enzyme enolase catalyzes the conversion of $2-phosphoglycerate$ $(2-PGA)$ into $phosphoenolpyruvate$ $(PEP)$ during the process of glycolysis.In this reaction, $2-PGA$ acts as the substrate, and a water molecule is removed in the presence of $Mg^{2+}$ ions.