Baked French Toast with Apples and Caramel Sauce

Last weekend I decided to make something special for Sunday morning breakfast. We had recently been to the apple orchard and so I wanted to use up some of the apples we had picked. We decided to try this baked french toast recipe that a friend gave me a while ago. It was delicious. Now, the ingredients in this make it seem a little more like a dessert than breakfast, but it's okay to indulge every now and then. This recipe is absolutely worth the indulgence. It is really good.
Baked French Toast with Apples and Caramel Sauce
A glass baking pan will help prevent the toast from sticking. This recipe must refrigerate overnight, so work that into your planning and prep time.

Ingredients
1 (1 pound) loaf French bread sliced
6 eggs
1 1/2 cups skim milk
1/3 cup white sugar
1 Tbsp. vanilla
4-6 apples (peeled, cored and sliced)
1 1/2 tsp. cinnamon
1/2 tsp. nutmeg
2 Tbsp. white sugar
1/2 cup white sugar
1/4 cup all-purpose flour
1/2 cup margarine, melted
1/2 cup brown sugar
2 tsp. vanilla

Directions
1) Cut bread into 1 1/2 inch thick slices and place in a lightly greased 9 X 13 inch baking pan. In a large bowl, beat eggs with 1 1/2 cup skim milk, 1/3 cup white sugar, and 1 Tbsp. vanilla. Pour egg mixture over bread slices. Make sure all the bread gets soaked so it doesn't leave any dry spots. The liquid left in the bottom will all be soaked up by morning.

2) Arrange apple slices on top of bread. Mix together cinnamon, nutmeg and 2 Tbsp. white sugar then sprinkle over the apples. Cover and refrigerate overnight.

3) After mixture has refrigerated overnight, preheat oven to 350 degrees.

4) Bake toast in preheated oven until golden brown, about 1 hour.

5) While toast is baking, prepare caramel sauce by combining 1/2 cup white sugar, flour and melted margarine in a small sauce pan. Stir in brown sugar, 1/2 cup skim milk and 2 tsp. vanilla. Cook until thick, stirring often.

Serve French toast hot with warm caramel sauce.