Preheat oven to 350 degrees F. Grease cupcake pans or line with paper liners.
In the bowl of electric mixer, combine all ingredients. Mix at low speed, then at high speed as flour becomes moistened. Beat until batter is creamy, about 2 minutes. Spoon batter into cups about 3/4 full. Bake for about 20 to 25 minutes or until a wooden pick inserted in the center comes out clean and dry. Remove cupcakes from oven and allow to cool before icing.