Glazed Meatballs

2 eggs, lightly beaten
2/3 cup milk
1 tablespoon prepared horseradish
1-1/4 cups soft bread crumbs
1-1/2 pounds ground beef
1 cup water
1/2 cup chili sauce
1/2 cup ketchup
1/4 cup maple syrup
1/4 cup reduced-sodium soy sauce
1-1/2 teaspoons ground allspice
1/2 teaspoon ground mustard

In a large bowl, combine eggs, milk, horseradish and bread crumbs. Crumble beef over mixture and mix well. Shape into 1-1/2-in. balls. Place meatballs on a greased rack in a shallow baking pan. Bake at 375° for 15-20 minutes or until cooked through; drain. In a large saucepan, combine the remaining ingredients. Bring to a boil; add the meatballs. Reduce heat; cover and simmer for 15 minutes or until heated through, stirring occasionally. Makes about 3-1/2 dozen.