Mardi Gras King Cake

Ingredients

• 1 cup whole milk, heated (about 105°f to 115°f)
• 1 (1/4-ounce) packet active dry yeast (2 1/4 teaspoons)
• vegetable oil
• 1/2 cup granulated sugar
• 1 teaspoon fine salt
• 2 teaspoons orange zest
• 4 large egg yolks, beaten
• 2 tablespoons bourbon
• 2 tablespoons freshly squeezed orange juice
• 2 teaspoons almond extract
• 4 cups all-purpose flour
• 1 1/2 teaspoons ground nutmeg
• 8 tablespoons unsalted butter (1 stick), chilled and cut into small pieces
• 3 cups pecans, toasted and cooled
• 2/3 cup granulated sugar
• 1 1/2 teaspoons ground nutmeg
• 2 teaspoons ground cinnamon
• 1/8 teaspoon fine salt
• 4 tablespoons unsalted butter (1/2 stick), small dice
• 1 small plastic baby (optional)
• 1 egg yolk
• 1 tablespoon milk
• 1 1/4 cups powdered sugar
• 1 tablespoon bourbon
• 1 tablespoon plus 2 teaspoons freshly squeezed orange juice
• 3 tablespoons sanding sugar