Apple Spiced Cake

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1 1/2 cups vegetable oil

3 cups sugar

8 eggs

4 cups flour

2 tablespoons baking powder

2 teaspoons cinnamon

2 teaspoons nutmeg

1 teaspoon salt

2 teaspoons ground ginger

6 cups Golden Delicious or Granny Smith apples, diced small

2 cups walnuts, toasted, optional

Confectioners' sugar

Whipped cream