-
Preheat oven to 350 degrees.
-
Grease and flour a 10 inch tube pan.
-
In a large bowl, cream together the butter and cream cheese until well blended.
-
Add sugar, and beat until light and fluffy.
-
Blend in the eggs, one at a time.
-
Stir in coconut extract.
-
Mix in flour and baking powder until just moistened.
-
Stir in coconut.
-
Spoon batter into prepared pan.
-
Bake for 1 hour and 20 minutes in the preheated oven.
-
Insert knife and if comes out clean, cake is done.
-
Allow to cool in the pan for 10 minutes before inverting onto a cooling rack.