Daisy's, Iced Red Velvet Ring Cake

enriched wheat flour ferrous sulfite, niacin, thiamin mononitrate, riboflavin, folic acid, sugar, whole eggs, modified corn starch, vegetable oil, cream cheese pasteurized cultured milk and cream, natural acids, salt, xanthan, carob bean and guar gum, nonfat milk, baking powder, emulsifier, salt, soy lecithin, mono and diglycerides, natural and artificial flavors, potassium sorbate and citric acid, propylene glycol usp and pure dye, fd c yellow color 5 6, fd c red 40, fd c red 3, fd c blue 1