2In a large bowl mix all ingredients on low speed just until moistened. Increase speed to medium and beat for an additional 2-3 minutes or until mixture is smooth. Pour into pan and bake for 35-40 minutes or until top springs back when lightly touched. Cool cake in pan for 10-15 minutes.
Pour powdered sugar into a blender container, then add remaining ingredients. Cover container and blend for 30-45 seconds or until smooth. Transfer cooled cake onto serving plate and drizzle with icing.