Microwave Caramels

2 cups white sugar
1 cup imperial margarine
1 cup light corn syrup

Mix together and cook 5 minutes. Remove from oven and stir well.
Add:
1 can sweetened condensed milk. Stir until well blended. Cook for 15 minutes, stopping oven and stirring wellevery 3 minutes (12, 9, 6, 3, done) or cold water test to medium hard ball stage. Stir in 1 tsp. vanilla.
Pour mixture into a 9 x 9 glass pan. Cool over night, cut and wrap. ENJOY!