1 lb. bacon
1 can sliced water chestnuts, drained
1 c. ketchup
1 c. sugar
Toothpicks

Preheat oven to 425 degrees. Line cookie sheet with foil; slice bacon into fourths. Wrap 1 piece (slice) of water chestnut with 1 section of bacon. Secure with toothpick. Bake until bacon is almost done. Drain off grease. Mix ketchup and sugar together. Pour over bacon/chestnuts. Bake until glazes.