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A decadent, moist and delicious cake with less than 270 calories per slice, even with the frosting!
Preheat oven to 350ºF. Grease an 8 x 8 (or 15 x 13 if you have it) with nonstick cooking spray. In a large mixing bowl, mix together the flours, sugars, salt and baking soda. Set aside.
In a medium size sauce pan, bring butter, peanut butter and water to a boil, about 4 minutes. Remove from heat and add to the flour mixture, stir well. Add in applesauce, eggs, vanilla and milk, stir well.
Pour mixture into the prepared cake pan and bake for 25–28 minutes, or until golden brown and a toothpick inserted in the middle comes out dry.
While cake cools, prepare icing by bring butter, milk and peanut butter to a boil in the same saucepan (about 4 minutes). Gradually add in powdered sugar until mixture has thickened and is spreadable. Stir in vanilla.
Once cake has completely cooled, frost with frosting and garnish with chopped peanuts.
Recipe adapted from Gooseberry Patch.
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