Good-Cooking - Luann's Coconut-Cherry Cake with Cherry-Coconut Frosting

Ingredients

• 3/4 cup butter or margarine, softened
• 1 1/2 cups granulated sugar
• 3 eggs
• 1 teaspoon vanilla extract
• 1/2 teaspoon almond extract
• 1 cup plus 6 tablespoons flour
• 1/2 cup flaked coconut
• 1/2 cup chopped pecans
• 1/2 (10-ounce) jar maraschino cherries (reserve juice), chopped and well drained
• 3 cups powdered sugar
• 1/3 cup butter or margarine, softened
• 2 tablespoons reserved maraschino cherry juice, or as needed to yield desired consistency
• 2 tablespoons well-drained, finely chopped maraschino cherries
• 2 drops red food color
• 1/2 cup each toasted chopped pecans and coconut, completely cooled