4 eggs
1 1/2 c. vegetable oil
2 c. sugar
1 1/2 c. grated or canned carrots
4 tbsp. warm water
2 1/2 c. flour
2 1/2 tsp. cinnamon
1 1/2 tsp. baking soda
1/2 tsp. salt

FROSTING:

1/2 stick butter
1 (8 oz.) cream cheese
1 tsp. vanilla

Blend together until creamy the eggs, oil, and sugar. Sift together all dry ingredients and add gradually to wet mixture. If desired, fold in 1 cup walnuts. Bake at 350 degrees for 45-50 minutes.

FROSTING: Cream together and add 1/2 to 1 box confectioners sugar. Beat until fluffy. Top with nuts.