Mix together the sweetened condensed milk, cherries, almonds, coconut, vanilla extract and almond extract until well combined.
Finally sprinkle on the reserved nuts and cherries and press down lightly.
I prefer to mix all of the ingredients together rather than putting them down in layers as was the original magic bars recipe and I bake them in a 9x9 pan so that they are thicker and always bake to a chewy texture. It is a matter of preference, I suppose but I've always had better success using this method.
The nutritional information provided is automatically calculated by third party software and is meant as a guideline only. Exact accuracy is not guaranteed. For recipes where all ingredients may not be used entirely, such as those with coatings on meats, or with sauces or dressings for example, calorie & nutritional values per serving will likely be somewhat lower than indicated.