Preheat Oven:

1. Preheat your oven to 400°F (200°C).
2. Grease a standard-size loaf pan and set it aside.

Prepare Dry Ingredients:

1. In a large bowl, combine the all-purpose flour, granulated sugar, salt, and baking powder.
2. Gently fold in the chopped and patted dry cherries. This helps to distribute the cherries evenly and prevent them from sinking to the bottom during baking.

Prepare Wet Ingredients:

1. In another bowl, whisk together the large egg, vegetable oil, milk, vanilla extract, and almond extract until well combined.

Combine Mixtures:

1. Pour the wet ingredients into the bowl of dry ingredients.
2. Stir gently until just moistened. Be careful not to overmix, as this can make the bread dense and tough.

Bake:

1. Pour the batter into the greased loaf pan, spreading it out evenly.
2. Bake in the preheated oven for 35-40 minutes, or until a toothpick inserted into the center of the bread comes out clean.

Cool and Serve:

1. Allow the bread to cool in the pan for about 10 minutes.
2. Transfer to a wire rack to cool completely before slicing.