Bread Machine Raised Donuts

Ingredients:
2/3 cup milk
1/4 cup water
1/4 cup butter, softened
1 lg. egg
3 cups bread flour
1/4 cup granulated sugar
1 teaspoon salt
2-1/2 teaspoon bread machine yeast

vegetable oil, for frying

Put all ingredients except vegetable oil in bread machine baking pan in order recommended by manufacturer. Select Dough/Manual cycle. Do not use delay cycles.

Roll dough 3/8-inch thick on a lightly floured board. Cut with floured doughnut cutter. Cover and let doughnuts rise on board 35 to 45 minutes or until slightly raised.

Heat 2- to 3-inches of vegetable oil in deep fryer or heavy 3-quart saucepan to 375 degrees F. Fry 2 to 3 doughnuts at a time for 2 to 3 minutes, turning as they rise to the surface, until golden brown.

Remove from oil with long fork or slotted spoon. Drain on wire rack. Roll warm doughnuts in granulated sugar or cinnamon-sugar, if desired.