Applesauce Bread

I thought this was another banana bread, but it's not! Applesauce bread! It was as good as any banana bread I'd ever had! Excited to add that to the list of regulars!

1/3 C butter or margarine, softened
1 C sugar
1 egg
1 1/4 C applesauce
1 1/2 C flour
3/4 tsp baking soda
3/4 tsp cinnamon
1/2 tsp baking powder
1/2 tsp salt
1/2 tsp nutmeg
1/8 tsp ground cloves
1/2 C raisins(optional)
1/2 C chopped walnuts (optional)

In a mixing bowl, cream butter and sugar. Add the egg and applesauce; mix well. Combine flour, baking soda, cinnamon, baking powder, salt, nutmeg and cloves. Gradually add to the creamed mixture just until combined. Fold in raisins and nuts. Pour into a greased 8"x4"x2" loaf pan. Bake at 350 degrees for 60-65 minutes or until a toothpick inserted near the center comes out clean. Cool for 10 minutes before removing from pan to a wire rack.