Apple Cake with Hot Caramel Sauce

Apple Cake with Hot Caramel Sauce 1/4 c. butter 1 c. sugar 1 egg 1 c. flour 1/2 c. chopped walnuts 1 tps. cinnamon 1 tsp. nutmeg 1 tsp. baking soda 3 med. cooking apples, peeled and grated hot caramel sauce Preheat oven to 350F. Lightly grease an 8" baking pan. Cream butter and sugar in large bowl, beat in egg. Add next 5 ingredients; mix well. Stir in apples. Spoon mixture into prepared dish. Bake for 35-40 min., or until tester inserted in center comes out clean. Cool completely in dish. Cut into squares. Pour hot sauce over and serve immediately. Hot Caramel Sauce 1/4 c. butter 1/2 c. brown sugar, packed 1/2 c. sugar 1/2 c. whipping cream 1 tsp. vanilla Melt butter in heavy saucepan. Add remaining ingredients. Bring to boil slowly, stirring constantly. Continue stirring until sauce thickens, 5-6 min. Remove from heat several times to check consistency. Makes 1 1/2 c. This sauce also is good poured over vanilla ice cream.