Good-Cooking - Peach Velvet Upside-Down Cake

Ingredients

• 2 tablespoons margarine
• 1/4 cup light brown sugar, packed
• 1 (1 pound) can sliced peaches, drained
• 9 maraschino cherry halves
• 1 1/3 cups Bisquick
• 3/4 cup granulated sugar
• 3/4 cup milk
• 3 tablespoons margarine
• 1 egg
• 1 teaspoon vanilla extract