1. Preheat oven to 350 degrees F. Spray an 8 x 4 x 2-inch loaf pan with cooking spray.
2. In a large mixing bowl combine flour, baking powder, baking soda and salt.
3. In a medium-size bowl combine beaten egg, sugar, apple sauce, carrots, and vegetable oil. Add all this at once to dry ingredients; stir until just moistened (batter will be thick).
4. Fold in apricots. Pour batter into prepared loaf pan and bake 45 to 60 minutes or until a toothpick inserted comes out clean. Remove from oven and let cool. Wrap loaf and store overnight before slicing.
5. POWDERED SUGAR ICING: In small bowl combine 1/2 cup sifted powdered sugar and 2 teaspoons apple juice to make drizzling consistency.