Balance Sheets - USD ($)	Oct. 31, 2020	Jan. 31, 2020
ASSETS
Cash and cash equivalents	$ 6,113,593	$ 10,177,655
U.S. Government securities, at amortized cost (which approximates fair value)	9,288,639	13,332,474
Accrued income receivable	1,183,330	69,588
Net contract asset	736,137
Prepaid expenses	158,871	67,654
Current assets	17,480,570	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	17,480,573	23,647,374
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	4,723,204	9,184,007
Accrued expenses	238,740	120,630
Net contract liability		2,511,720
Total liabilities	4,961,944	11,816,357
Unallocated reserve	12,518,626	11,831,014
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 17,480,573	$ 23,647,374