Total Calories: 511
Beat butter and shortening together; add sugar, and beat until mixed. Add eggs one at a time; beat until fluffy. Mix dry ingredients together, and add alternately with milk, ending with flour mixture; beat well. Add flavoring and coconut. Pour into greased 10-inch tube pan, and bake at 350° for 75 minutes, or until straw comes out clean.
For Syrup Topping:
Boil sugar, water, flavoring, and butter for 1 minute. Immediately pour boiling syrup onto cake upon removing from oven. Let sit 10 minutes before removing from pan. Wrap cake with plastic wrap while still hot.
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