Sweet and Sour Meatball Simmer

You'll need:
3/4 lb frozen meatballs (or make your own)
1 red pepper (cut into chunks)
1 yellow pepper (cut into chunks)
1/4 cup water
1/4 cup apricot jam
1/4 cup Catalina dressing
2 tbsp soy sauce
3/4 tsp ground ginger
3/4 tsp garlic powder
2 cups white rice prepared according to package

Directions:
Combine all above ingredients except rice in a skillet. Cook on medium heat, covered for 10 minutes. Stir every few minutes. Increase heat to med-high and uncover skillet. Cook 8-10 min. Serve over hot rice.