Mix oil and sugar; add eggs, one at a time and beat well. Add dry ingredients, mix well. Add remaining ingredients. Pour into greased and floured cake pan and bake for 30 to 35 minutes in 325ºF. oven (or when cake springs back when lightly touched on top).
Cream Cheese Frosting:
One 8 ounce package of cream cheese (or Lite cream cheese)
1 box of powdered sugar
1 stick of butter or margarine
Enough evaporated milk to mix well (or you may use regular milk)
Mix and spread over cooled cake, or pierce warm cake with fork and pour over to saturate cake.
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