Whisk heavy whipping cream, milk and sweetened condensed milk, stirring until well combined. Stir in extracts. Pour mixture into freezer canister of ice cream maker according to your ice maker’s instructions. Before transferring out of freezer canister, pour in sprinkles and let mix for another 2 minutes. Transfer the ice cream to a freezer-safe container with lid, gently stir in crumbled cupcakes. Cover, place in freezer and allow it to harden for at least 4 hours or overnight.