Preheat oven to 350 degrees.
Either pound down your chicken first or cut your breast into cutlets. See above video for tutorial
In a shallow bowl, beat together your egg and water until blended.
In another shallow bowl, mix together the parmesan cheese, parsley, salt and garlic powder.
Dip your chicken breasts into the egg mixture and then into the parmesan cheese mixture and coat well.
Fry your breasts in a hot oil until they are golden brown.
Cover a cookie sheet with foil and place a wire cooking rack on top.
Place your fried chicken breasts on top of the rack and cook at 350 degrees until the juice runs clear.
Cooking times will vary depending on the thickness of your chicken breasts and whether or not you've pounded your chicken or they are cutlets.
Cooking times will vary from 15-30 minutes.
Sprinkle the shredded Monterey Jack cheese and the bacon and top and broil for a few minutes to melt the cheese.