Be sure that bread spinner paddle is in place in bottom of bread machine pan.
Add all ingredients in order listed from top to bottom. Milk, oil, sugar, salt, flour and yeast. (Be sure that the salt and the yeast do not come in contact. Sprinkle the yeast on top of the flour, last.)
Turn the machine on. Select: MenuSelect: Basic or White Bread SettingSelect: Crust Color - LightSelect : Size - 2 lb. Press Start. Close Lid.
Optional Removal of paddle: If you are going to remove the paddle, it should be done before the final rise. Otherwise, leave it in.
Check bread 25 minutes before bake cycle is complete. When bread is finished, use pot holders to carefully remove pan from the machine and let cool on on metal pan or rack.
After 15 minutes of cooling, cover the pan with foil to lock in some of the moisture.