Preheat oven to 350F and grease two 7-inch or 8-inch springform cake pans. To a small bowl, add eggs and oil, mix well. Add remaining wet ingredients to the bowl and combine well. To a separate bowl, add all dry ingredients, mix well. Pour dry ingredients into wet ingredients and mix until a batter forms. Pour batter evenly into each cake pan and bake for 25-30 minutes or until a toothpick comes out clean. While the cake is baking, make your frosting by combining all frosting ingredients to a large bowl and mix with a handheld mixer until smooth and fluffy. Wait until the cake is completely cooled before frosting, then enjoy!