Gum Ball Machine Cake

1 1/4 cups bubble gum-flavored soda pop or water

1/3 cup vegetable oil

3 egg whites

Red or blue food color (to match color of soda pop), if desired

Tray or cardboard, covered with foil

1 container (12 oz) Betty Crocker® Whipped vanilla frosting

1 teaspoon red or blue regular or paste food color 1 bar (1 1/2 oz) chocolate-covered crispy candy

1 tube (0.68 oz) Betty Crocker® blue decorating gel

1 foil-covered chocolate coin

1 peanut-shaped candy

Gum balls