Balance Sheets - USD ($)	Oct. 31, 2019	Jan. 31, 2019
ASSETS
Cash and cash equivalents	$ 375,053	$ 881,810
U.S. Government securities, at amortized cost (which approximates fair value)	25,561,507	32,122,312
Accrued income receivable	2,408,279	2,339,060
Contract asset		56,357
Prepaid expenses	116,288	54,472
Current assets	28,461,127	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	28,461,130	35,454,014
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	11,414,408	18,236,814
Accrued expenses	177,149	411,508
Contract liability	938,129
Total liabilities	12,529,686	18,648,322
Unallocated reserve	15,931,441	16,805,689
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 28,461,130	$ 35,454,014