Neely's Fried Calamari

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Peanut oil, for frying

1 cup yellow cornmeal

1 cup all-purpose flour

1/4 teaspoon cayenne pepper

1/2 teaspoon garlic powder

2 teaspoons dried parsley

2 teaspoons salt, plus more for seasoning

1 teaspoon ground black pepper

1 pound fresh or frozen and thawed small calamari, cleaned and cut into 1/2-inch rings

Lemon wedges, for garnish

Sweet and Spicy Dipping Sauce, recipe follows

Sweet and Spicy Dipping Sauce:

1/4 cup peach preserves

1/2 cup sweet chili sauce

Dash hot sauce

1/4 teaspoon crushed red pepper flakes