Bone Suckin' Sauce

The following recipe is another attempt to replicate a commercial product. This time, it's Bone Suckin' Sauce.

12 oz ketchup
1/3 cup apple cider vinegar
3 Tbl honey
1 Tbl molasses
1 Tbl prepared yellow mustard
2 Tsp lemon
1 Tsp dehydrated onion
1 clove garlic or 1/4 Tsp garlic powder
1 Tsp dilute liquid smoke
1/4 Tsp ground cayenne pepper
salt to taste
1-2 Tsp horseradish
Combine all of the above ingredients, except for the horseradish into a non-reactive sauce-pan. Bring the contents to a slow boil, cut the heat to a slow simmer, then reduce until slightly thick. Add the horseradish. When the sauce comes up to heat, it is finished.
"dilute liquid smoke" refers to the amount of water in the product. If the label indicates that water is first ingredient, it is "dilute liquid smoke".