Five Little Donuts

Down around the corner (point to the right)
In the bakery shop
There were 5 little doughnuts (hold up 5 fingers)
With sugar on top
Along came Katie all alone
She grabbed a big one and ran on home (clap hands)
(Repeat 4, 3, 2, 1)
See also: Five-Little-Cookies-in-the-Bakery-Shop (with video!) and Five_Brown_Buns