Balance Sheets - USD ($)	Apr. 30, 2020	Jan. 31, 2020
ASSETS
Cash and cash equivalents	$ 14,283,675	$ 10,177,655
U.S. Government securities, at amortized cost (which approximates fair value)		13,332,474
Accrued income receivable	30,983	69,588
Prepaid expenses	78,851	67,654
Current assets	14,393,509	23,647,371
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	14,393,512	23,647,374
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	7,347,206	9,184,007
Accrued expenses	159,712	120,630
Net contract liability	791,162	2,511,720
Total liabilities	8,298,080	11,816,357
Unallocated reserve	6,095,429	11,831,014
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 14,393,512	$ 23,647,374