Snowball Cake

Ingredients

• 1 (10 inch tube pan) angel food cake (for snowball shaped cake or 2 square packages for rectangular one)
• 6 cups frozen whipped topping, thawed
• 1 (20 ounce) can crushed pineapple in heavy syrup, drained with syrup reserved
• 2 tablespoons lemon juice
• 1 cup white sugar
• 1 (10 ounce) package flaked coconut
• 2 (.25 ounce) packages unflavored gelatin
• 4 tablespoons water
• 1 cup boiling water
• marachino cherries (if you make this as a rectangular cake.)