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Things for the studio needed:

Behringer ADA8000 Ultragain Pro-8 A/D/A Converter - $249.99
ART TPS II 2-Channel Variable Impedance Tube Preamp - $179.99
ART TPS II 2-Channel Variable Impedance Tube Preamp - $179.99
Behringer HA4700 POWERPLAY PRO Headphone Amp - $109.99
M-Audio StudioPro 3 Desktop Audio Monitors - $99.99
AKG K 55 Headphones - $29.99
AKG K 55 Headphones - $29.99
AKG K 55 Headphones - $29.99
AKG K 55 Headphones - $29.99
AV Link 49' 8-Channel XLR Female-XLR Male Stage Snake - $89.99
AV Link 49' 8-Channel XLR Female-XLR Male Stage Snake - $89.99

so i'm looking at spending $1,119.89 and this not even including extra cables im going to need, a desk, a few more mic stands, more memory for my computer and more mics!!!!!! my year end bonus is hopefully going to be banging.