Bacon Wrapped Water Chestnuts

2 cans water chestnuts (whole)
1 lb. bacon
1 c. ketchup
toothpicks
2/3 c. brown sugar

Cut bacon slices in half. Wrap water chestnuts in slices of bacon and secure with a toothpick. Bake in shallow baking dish at 250 for 1 hour. When done, drain grease from pan. Mix brown sugar and ketchup. Dip each bacon wrap into mixture and coat completely. Place back in baking dish. Bake a second time at 250 for 1 hour. *NOTE* You may complete the first bake and refrigerate until ready to coat and bake again. This is one of my very favorite appetizers. Give it a try, I think you'll be surprised at how good these are!