Balance Sheets - USD ($)	Apr. 30, 2019	Jan. 31, 2019
ASSETS
Cash and cash equivalents	$ 450,421	$ 881,810
U.S. Government securities, at amortized cost (which approximates fair value)	16,689,201	32,122,312
Accrued income receivable	3,377,580	2,339,060
Contract asset	1,294,804	56,357
Prepaid expenses	71,085	54,472
Current assets	21,883,091	35,454,011
Assignments of leased property
Amended assignment of Peters Lease	1	1
Assignment of Cloquet Leases	1	1
Certificate of beneficial interest for 13,120,010 units of Land Trust	1	1
Total fixed property	3	3
Total assets	21,883,094	35,454,014
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	11,676,809	18,236,814
Accrued expenses	167,114	411,508
Total liabilities	11,843,923	18,648,322
Unallocated reserve	10,039,168	16,805,689
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 21,883,094	$ 35,454,014