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John Singleton Estate Settles Old 'Baby Boy' Audit ... For Over $500k!!!

John Singleton's estate and the fortune it claims is aboutta get little more flush -- because the studio that distributed one of his biggest films is ponying up some belated cash.

According to court docs, obtained by TMZ, Sony Pictures has agreed to fork over a little more than half a mil to the late director's film company, New Deal Productions. The money -- $515,472 -- is tied to John's 2001 flick, "Baby Boy." Unleash the behind-the-door Rodney memes!!!

In case you haven't seen it, 'BB' stars Tyrese Gibson, Taraji P. Henson, Ving Rhames ... and, of course, Snoop Dogg playing a gangster who's out to square things with Tyrese's character, Jody, who's got a kid with Taraji's character, but still lives at home with his mom.

It made $29.3 million in the U.S. box office, with a budget of around $16 mil. Sony and its subsidiary, TriStar Pictures, were the primary distributors.

Based on the docs, it appears John had requested a formal audit for money the film made a while back, and now in wake of his death ... Sony is settling up with this dough. The company says the settlement was agreed to prior to John's death in April.

That's definitely a nice bonus to John's net worth, which could reportedly be as high as $35 million. The money's still gotta be divvied up, per the terms of his will, but more money's never a bad thing.

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