Italian Cream Cake with Cream Cheese Frosting Recipe

Beat egg whites until stiff and set aside. Cream margarine and shortening then add sugar and beat well. Add 1 egg yolk at a time beating well after each addition. Sift together flour and soda and add alternately with buttermilk. Stir in coconut and nuts. Fold in egg whites and pour into 3 greased and floured 9-inch round cake pans. Bake in preheated 350° oven for 25 to 30 minutes. After cake cools frost with Cream Cheese Frosting. Frosting; Cream together cream cheese and margarine, then add sugar and vanilla mixing together. Add nuts and spread between layers and on top and sides of cake.