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Preheat oven to 375°F.
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Place almonds in a small pan.
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Bake about 6 minutes or until golden brown (watch carefully).
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Set aside to cool.
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Beat margarine and sugar in a medium bowl with a electric mixer until smooth.
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Add egg whites and almond extract; mix well.
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Combine flour and baking powder in a large bowl; mix well.
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Stir egg white mixture and almonds into flour mixture.
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Blend well.
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Spray two 9x5-inch loaf pans with cooking spray.
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Divide dough evenly between the 2 pans.
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Spread dough in pans with wet fingers.
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Bake 15 minutes or until knife inserted in the center comes out clean.
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Remove from oven.
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Turn on to a cutting board.
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Cool slightly.
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Once loaves are cool enough to handle cut each loaf in to 16 slices.
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Place slices on a baking sheet sprayed with cooking spray.
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Bake 5 minutes.
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Turn bake 5 minutes more or until golden.
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Serve warm or cool completely and store in air tight container.