To unmold ice ring: run base briefly under warm water to loosen.

To sugar cranberries: rinse and drain approximately 24 cranberries. Toss cranberries and ¼-⅔ cup sugar together in a small bowl to coat. Spread in a single layer on a baking sheet and allow to dry (approx. 1 hr.).

Tapioca pearls can be purchased at most Asian food stores, some major supermarkets and online.

The origins of eggnog date back to early medieval Britain, when monks would drink a warm, milky ale punch made with eggs and figs. Today, eggnog is a rich, dessert-like drink flavoured with nutmeg and cinnamon, equally delicious with or without brandy. Serve at your Christmas party or as a nightcap on Christmas Eve.

Store any remaining coconut caramel sauce in refrigerator.