Orientation of checkboxes and their labels in a form

I have a form that has a combination of text fields, checkboxes, drop downs etc.

Generally, UX fundamentals dictate we do this. Supposed correct way of orienting checkboxes in a form This works well when text/drop down fields outnumber checkboxes

But, what if the checkboxes outnumber text/drop downs?

Which one should be the right approach?

APPROACH 1

Same way as before (in image 1 above)

APPROACH 2

Keep the checkbox label orientation same as the other fields