• Preheat oven to 350F (175C) and prepare 3 8-inch round cake pans by generously greasing and flouring (be sure to shake out excess flour) and lining the bottoms of each pan with a round of parchment paper.
• In stand mixer (or using an electric hand mixer), beat butter on medium-low speed until creamy.
  9 Tablespoons unsalted butter
• Add sugar and oil and beat until all ingredients are well-combined and creamy.
  3 cups granulated sugar, 1 cup neutral cooking oil
• Scrape down the sides and bottom of the bowl and then stir in your vanilla extract.
  4 teaspoons vanilla extract
• In a separate, medium-sized mixing bowl, whisk together your flour, baking powder, and salt.
  4 cups+ 2 Tbsp all-purpose flour, 4 ½ teaspoons baking powder, 1 ½ teaspoons table salt
• Measure out your milk. With mixer on medium speed, gradually alternate between adding the flour mixture and the milk to the butter mixture, starting and ending with the flour mixture. Stir until each one is almost completely combined before adding the next. Pause occasionally to scrape down sides and bottom of bowl.
  1 ½ cup milk
• In separate mixing bowl (use a clean, dry, and grease-free bowl, use glass or metal), combine your egg whites and stir with an electric mixer, gradually increasing speed from low to high and continuing to beat on high-speed until stiff peaks form.
  9 large egg whites
• Add egg whites and sprinkles to the batter. Using a spatula, gently fold your egg whites and sprinkles into your batter. Take care to scrape the sides and bottom of the bowl so that ingredients are well-combined, and take care not to over-mix.
  ½ cup sprinkles
• Evenly divide cake batter into prepared pans.
• Bake on 350F (175C) for 35-40 minutes, or until a toothpick inserted in the center of each cake layer comes out clean or with few crumbs (should not be wet). For best results, rotate your cake pans halfway through baking to ensure even baking. Cakes will be a light golden brown when done baking.
• Remove cakes from oven and allow to cool for 15 minutes. Run a butter knife around the inside rim of each pan and carefully invert each onto a cooling rack.
• Allow to cool completely before frosting.

Frosting

• Place butter in the bowl of a stand mixer in a medium-sized mixing bowl. Use the paddle attachment or an electric mixer to beat butter on medium-speed until smooth and creamy.
  1 lb unsalted butter
• Add salt and beat again for about 20 seconds.
  ¼ teaspoon salt
• Gradually, about 1 cup at a time, add powdered sugar, waiting until each cup is completely mixed before adding the next cup.
  6 cups powdered sugar
• One Tablespoon at a time, add the heavy cream on medium-high speed, waiting until each addition is well-combined before adding the next 2 Tbsp.
  6 Tbsp heavy cream
• Add flavoring (vanilla extract or emulsion). and stir on medium-high for 30 seconds. Scrape the sides and bottom of the bowl with a spatula to ensure all ingredients are well-combined.
  2 teaspoons LorAnn Princess emulsion or vanilla extract
• Transfer one layer of your cooled cake to serving platter. Use frosting to ice the top. Add the next layer, ice the top of that. Add your third layer on top and ice the top, and then do a thin "crumb coating" around the entire cake.
• Transfer to freezer for 10-15 minutes, then remove and apply a clean, thick coat of frosting around the entire cake. For more detailed decorating instructions, see my post on how to decorate a cake.