Colleges like to see that you are taking a rigorous course load, but not so much that you drown. What is your interest in? For example, if you love English I would do the first schedule and work on writing a book to publish or join your newspaper in your free time you get without that extra AP class. If you like science then take the second schedule. Colleges want to see you taking tough classes, but also ones that you are interested in. For example, I am a junior currently taking AP Language and Comp, AP Chemistry, APUSH, and AP Physics. I like science. Next year I’m thinking of taking further chemistry at a local college, and taking less AP classes as a result.
Also, don’t take those classes just to look good. If you are sure you can get an A or B in those classes and pass the AP tests, do it. If not, they aren’t really worth your time.