the DHCP server issued a NACK to the client for the address request
client 0001A8C00100502C070C07 for the address (192.168.2.4)
Taliv is right, but I'll give you some more detail.
There is a DHCP server process running on THIS MACHINE. This DHCP server process is what generated the log event. This isn't an event from firewall software or something warning of a connection attempt. It also is NOT this machine attempting to obtain an address.
(Aside: DHCP servers exist on networks so that client PCs can get addresses automatically, instead of having to have their addresses entered individually on each machine. It makes administration much easier.)
At some point, THIS MACHINE received a DHCP request from ANOTHER MACHINE asking if it could use the address 192.168.2.4. The other machine asked for this address because that was the last address it was given with DHCP, and it assumed that its situation had not changed since its last DHCP exchange. THIS machine denied that request with a NACK, probably because it's configured to use a different address range.
Now, this OTHER machine had to have been connected with Ethernet. DHCP does not enter the picture when you are using a modem connection. PPP and SLIP don't use DHCP. However, that string in the message doesn't look like an Ethernet MAC address - they are usually represented as 12 hex digits (like 00:e0:4c:c6:ab:2d or 00e0.4cc6.ab2d). It's possible that it's the other machine's name - I know Windows will put the machine's hostname in its DHCP requests.
Jim, all Windows log events are timestamped. Do you know when this event was logged? It could literally be years old. You're spinning your wheels for nothing if this was an event logged when the machine was still at the factory. Also check the system time to see if it's accurate, because the log events are stamped by the system clock.
Edit: I went over the thread again. It seems to me that if this machine is a central vote tabulator, and other machines are connected to this machine via Ethernet for the purposes of transferring vote counts, then it makes sense for this machine to be running a DHCP server. (see above note on administration) If this is the case, and another computer is connected to the LAN, it's entirely possible for that computer to request an address outside the DHCP server's address range. This would result in a NACK, which would get logged as above.
BTW, as to why a whois lookup on 192.168.2.4 results in IANA - the Internet Assigned Numbers Authority: IANA has reserved this address block for special purposes, so that's why they show up as the owner in the WHOIS database.