Balance Sheets - USD ($)	Jul. 31, 2019	Jan. 31, 2019
ASSETS
Cash and cash equivalents	$ 452,628	$ 881,810
U.S. Government securities, at amortized cost (which approximates fair value)	16,484,759	32,122,312
Accrued income receivable	3,820,631	2,339,060
Contract asset	3,223,078	56,357
Prepaid expenses	170,698	54,472
Current assets	24,151,794	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	24,151,797	35,454,014
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	2,755,202	18,236,814
Accrued expenses	200,939	411,508
Total liabilities	2,956,141	18,648,322
Unallocated reserve	21,195,653	16,805,689
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 24,151,797	$ 35,454,014