I probably spent $50k in my first two years on my farm.
* 30 HP tractor - $14k
* brushhog, back blade, cone spreader, log splitter - $3k
* 1,000 ft^2 greenhouse - $5k
* water to greenhouse - $5k
* haying equipment (baler, tedder, disk mower, rake) - $5.5k
* buckets, pails, tubs, lights, etc for livestock - $1k
* hoses, hand tools, etc. - $1k
* drip irrigation, raised beds, soil tests, etc. - $1k
* fencing materials - $5k
I could keep going down the list, but even just barely starting, I'm sure that the $50k number is correct.
Obviously, this package doesn't include haying equipment or chicken egg incubators or chicken feather removal machine, but I can easily imagine how you could spend $50k.