Balance Sheets - USD ($)	Jul. 31, 2021	Jan. 31, 2021
ASSETS
Cash and cash equivalents	$ 28,310,067	$ 12,500,941
U.S. Government securities, at amortized cost (which approximates fair value)		9,906,669
Accrued income receivable	12,634,653	249,477
Net contract asset		177,251
Prepaid expenses	288,336	94,585
Current assets	41,233,056	22,928,923
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	41,233,059	22,928,926
LIABILITIES, UNALLOCATED RESERVE AND TRUST CORPUS
Distribution payable	1,180,801	6,035,205
Accrued expenses	205,988	416,672
Net contract liability	896,931
Total liabilities	2,283,720	6,451,877
Unallocated reserve	38,949,336	16,477,046
Trust corpus	3	3
Total liabilities, unallocated reserve and trust corpus	$ 41,233,059	$ 22,928,926