Bow Wow and baby mama Joie Chavis were in court Monday, fighting over exactly how much Bow Wow is worth and how much he has to pay. After some haggling, Bow Wow voluntarily agreed to shell out $3,000 a month in support for baby Shai.

Bow Wow told the judge ... he makes $4,000 a month working as an employee at Cash Money Records, and that's it. He testified he leases a Jeep and has a grand total of $1,500 in his checking account.

So here's the question -- if he makes $4,000 a month before taxes, how can he afford to pay $3,000 a month in child support?

We'll here's an answer ... After the court hearing was concluded, Bow Wow was officially named host of BET's long-running and influential hip hop show, "106 & Park." Bow Wow made no mention of this in court.

The judge will have some tough questions for Bow Wow in December, when the court rules on a permanent child support order.