Preheat oven to 350 degrees F. Butter and line three 9" cake pans with parchment and butter parchment. Set aside.
In a 2 cup glass measure, add the milk and heavy cream. In a medium bowl combine the egg whites, whole egg, 1/2 cup of milk mixture, vanilla and almond extract. Stir to combine. Set aside.
In the bowl of an electric mixer fitted with the paddle attachment add all of the dry ingredients (cake flour, sugar, baking powder and salt). Mix on low speed for 30 seconds to combine.
Add the butter and shortening to the flour mixture and mix on low speed for about 30 seconds. Add the remaining 1 cup of milk/cream mixture and mix on low speed until just moistened. Increase to medium speed and mix for 90 seconds.
Scrape down the sides and add the egg mixture in 3 additions, beating on medium for 20 seconds after each addition.
Divide the batter into the 3 equal parts Note: it's best to weigh the cake batter on a scale for precise layers - 593 grams each). Tint the first batch by adding 1/8 teaspoon Buttercup yellow gel coloring, mix well to combine and add to one of the prepared cake pans. In the second batch add 1/16 teaspoon (you may need to eyeball this if you don't have that measure), mix well to combine and add to one of the prepared cake pans. For the last batch, dip the tip of a butter knife 1/2 inch into the gel and add to the cake batter, mix well to combine and add to the last cake pan.
Bake for 22-25 minutes or until a cake tester comes out clean. Remove and cool on a wire rack for 10 minutes in the pan before turning out to cool completely.