Red Velvet Pound Cake with Cream Cheese Frosting

Ingredients

• 1 cup butter, softened
• 1/2 cup shortening
• 3 cups sugar
• 6 large eggs, room temperature
• 2 bottles (1 ounce each) red food coloring
• 1 teaspoon lemon extract
• 1 teaspoon vanilla extract
• 3-1/4 cups all-purpose flour
• 1 tablespoon baking cocoa
• 1/2 teaspoon baking powder
• 1/2 teaspoon salt
• 3/4 cup 2% milk
• ICING:
• 1 package (8 ounces) cream cheese, softened
• 1/4 cup butter or margarine, softened
• 1/2 teaspoon vanilla extract
• 3-3/4 cups confectioners' sugar
• 1/2 cup chopped pecans, toasted