Apricot Kuchen

1 cup dried apricots
1/2 cup butter at cool room temperature
3/4 cup granulated sugar
2 large eggs
1 tsp vanilla extract
1/2 tsp almond extract
1 ½ cup all-purpose flour
1 ½ tsp baking powder
1/4 cup milk
2 Tbsp raw sugar or granulated sugar
1 tsp cinnamon

Preheat oven to 350 F. Grease a 9-inch round cake pan. Set aside.
In a small saucepan, combine apricots and 1 cup water; bring to a boil. Cook, uncovered, on medium heat for 10 minutes, or until apricots are soft.
Drain and set aside to cool.
In the bowl of a stand mixer, combine butter and granulated sugar; beat until light and fluffy.
Mix in eggs, vanilla extract, and almond extract.
Stir together flour and baking powder. Add to butter mixture, alternating with milk.
Add apricots and stir in.
Pour batter into prepared pan.
Combine 2 tablespoons raw sugar and cinnamon. Sprinkle over cake.
Bake for 20-25 minutes, or until a toothpick inserted into the center comes out clean. Serve warm.