• Gamma Gardens, a publicly traded agricultural conglomerate, operates a portfolio of farms specializing in organic produce and sustainable farming practices. The company recently entered into a joint venture with a technology startup to implement precision agriculture techniques and data-driven farming solutions. Discuss the application of the economic entity principle in the accounting treatment of joint ventures, including considerations for equity method accounting, proportionate consolidation, and financial statement disclosures, and assess the impact on Gamma Gardens' financial position, performance, and risk exposure, ensuring alignment with corporate governance standards and investor expectations.