"Songs That Tickle Your Funny Bone"

I had this album as a child.

It featured a song where a woman sang sweetly:

I love you, I love you, I love you so well...
If I had a peanut, I'd give you the shell...

I love you, I love you, with all heart and soul...
If I had a doughnut, I'd give you the hole...

I was trying to find the name of it, so I posted something on a subreddit called TipOfMyTongue, and a kind stranger managed to find it on the internet.

Apparently, many children had this album.