Metamask does not show balance of account on private Ethereum network

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I have setup a local network with geth, the nodes have discovered one another and I am able to send transactions I connected metamask from browser to the default http rpc port 8545, created new account in the metamask Sending transaction to the newly connected account works, I am able to see the correct balances in the JS console

eth.sendTransaction({to: '0x167f42B8b6d4666ecf2Dbd2D7Dd767Bb617C339A', from: eth.accounts[0],value: 5}); "0xda56eea22623e827e66e3155f8dcdcebca97a35553d89ad8fdd9310c1b88151e"

eth.getBalance("0x167f42B8b6d4666ecf2Dbd2D7Dd767Bb617C339A")

5

But the metamask wallet still shows 0 ETH as balance for the account 0x167f42B8b6d4666ecf2Dbd2D7Dd767Bb617C339A

I have added the network in metamask as below:

New RPC URL: http://localhost:8545

Chain ID: 59999

Currency symbol: ETH

telnet to localhost 8545 works. How should I troubleshoot the issue?

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