Which is better indendation ?

;; 1)
(push (cons (if (null (jsown:val-safe v "display_name"))
              k
              (jsown:val v "display_name"))
          k)
        lst)
;; 2)
(push (cons (if (null (jsown:val-safe v "display_name")) k (jsown:val v "display_name"))
          k)
        lst)