Balance Sheets - USD ($)	Jul. 31, 2020	Jan. 31, 2020
ASSETS
Cash and cash equivalents	$ 458,957	$ 10,177,655
U.S. Government securities, at amortized cost (which approximates fair value)	10,141,648	13,332,474
Accrued income receivable	1,048,727	69,588
Net contract asset	1,059,624
Prepaid expenses	229,187	67,654
Current assets	12,938,143	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	12,938,146	23,647,374
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	656,001	9,184,007
Accrued expenses	166,711	120,630
Net contract liability		2,511,720
Total liabilities	822,712	11,816,357
Unallocated reserve	12,115,431	11,831,014
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 12,938,146	$ 23,647,374